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Check my work m. Compute the payback statistic for Project B if the appropriate cost of capital is 11 percent and the maximum allowable payback

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Check my work m. Compute the payback statistic for Project B if the appropriate cost of capital is 11 percent and the maximum allowable payback period is three years. (If the project never pays back, then enter a "O" (zero).) Project B Time: Cash flow: oints 0 -$12,300 1 $3,480 2 $4,440 3 $1,780 4 $0 5 $1,260 eBook Payback years Hint Print References Should the project be accepted or rejected? O accepted O rejected

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