Question: 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
| 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. (Do not round intermediate calculations and round your final answer to 2 decimal places. If the project does not pay back, then enter a "0" (zero).) |
| Project D | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | $12,800 | $3,530 | $4,540 | $1,880 | $0 | $1,360 |
| Discounted payback period: |
| Should the project be accepted or rejected? |
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