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ces Compute the payback statistic for Project B if the appropriate cost of capital is 13 percent and the maximum allowable payback period is three

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ces Compute the payback statistic for Project B if the appropriate cost of capital is 13 percent and the maximum allowable payback period is three years. (If the project never pays back, then enter a "0" (zero).) Project B Time: 0 1 2 4 $0 Cash flow: -$11,800 3 $4,340 $1,600 $3,430 $1,160 Payback years Should the project be accepted or rejected? O accepted O rejected

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