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3 Canvas xe (3) Refer to the Capital Budgeting Narrative. What is the Discounted Payback Period of the project Capital Budgeting Narrative: Dilara Manufacturing is

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3 Canvas xe (3) Refer to the Capital Budgeting Narrative. What is the Discounted Payback Period of the project Capital Budgeting Narrative: Dilara Manufacturing is considering a new project. The inital investment required the cost of capital is 12%. Expected cash flows over the next four years are given below. Years Cash Flow ($) 2 3 4 14,000 34,000 29,000 60,000 O 2.2 years 2.7 years 3.2 years 3.0 years 2.3 years

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