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Compute the payback statistic for Project B if the appropriate cost of capital is 1 3 percent and the maximum allowable payback period is three

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.
Project B
Should the project be accepted or rejected?
Note: If the project never pays back, then enter a "0"(zero).
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