Compute the discounted payback statistic for Project D if the appropriate cost of capital is 12 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:	$11,600	$3,410	$4,300	$1,640	$0	$1,120

Should the project be accepted or rejected?

multiple choice

• accepted

• rejected

Compute the discounted payback statistic for Project D if the appropriate cost of capital is 12 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 "O" (zero).) Project D Time: Cash flow: 1 -$11, 600 $3,410 2 $4,300 3 $1,640 4 $0 5 $1,120 Discounted payback period years Should the project be accepted or rejected? O accepted O rejected