MC Qu. 13-23 Compute the payback statistic for Project... Compute the payback statistic for Project Y and recommend whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 11 percent and the maximum allowable payback is one year. Time: 1 2 0 -100 Cash flow: 75 100 300 75 200 Multiple Choice O 133 years, accept 125 years, reject