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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.

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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 "0" (zero).) Projects Time: 1 Cash flow: -$12,800 $3,530 $4,540 $1,880 $0 51,360 3 5 Payback years a Should the project be accepted or rejected? O accepted O rejected Compute the MIRR statistic for Project if the appropriate cost of capital is 11 percent. (Do not round intermediate colculations and round your final answer to 2 decimal places.) Project 1 Time: Cash flow 0 -$11,700 1 $5,680 2 $4,530 3 31,870 4 $2,350 MIRR % Should the project be accepted or rejected? O accepted O rejected

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