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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

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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. (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: 4 -$12,600 $3,510 $4,500 $1,840 $0 $1,320 Cash flow: Discounted payback period years Should the project be accepted or rejected? accepted O rejected

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