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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

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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. 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 " 0 " (zero). Project D Should the project be accepted or rejected

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