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Compute the discounted payback statistic for Project D if the appropriate cost of capital is 10 percent and the maximum allowable discounted payback is four
Compute the discounted payback statistic for Project D if the appropriate cost of capital is 10 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: | $12,900 | $3,540 | $4,560 | $1,900 | $0 | $1,380 |
What is the discounted payback period in years?
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