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Compute the discounted payback statistic for Project D if the appropriate cost of capital is 11 percent and the maximum allowable discounted payback is

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Compute the discounted payback statistic for Project D if the appropriate cost of capital is 11 percent and the maximum allowable discounted payback is four years. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. If the project does not pay back, then enter a "O" (zero). Project D Time: Cash flow: 0 -$12,600 $3,510 1 2 3 4 5 $4,500 $1,840 $0 $1,320 Discounted payback period years

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