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Compute the payback statistic for Project B if the appropriate cost of capital is 12 percent and the maximum allowable payback Is three years. (If

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Compute the payback statistic for Project B if the appropriate cost of capital is 12 percent and the maximum allowable payback Is three years. (If the project never pays back, then enter o "0" (zero).) Project B Time: Cashflow: 4 $0 $1,300 $12,500 $3,500 $4,480 $1,820 Payback yours heel Should the project be accepted or rejected? O accepted O rejected

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