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Following is the set of cash flows from Project B which has a cost of capital of 11 percent and the maximum allowable payback period

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Following is the set of cash flows from Project B which has a cost of capital of 11 percent and the maximum allowable payback period is three years. (If the project never pays back, then enter a "0" (zero).) Does the project achieve payback within the first three years? Yes No Should the project be accepted or rejected? accepted rejected

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