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Compute the discounted payback statistic for Project Dif the appropriate cost of capital is 12 percent and the maximum allowable discounted payback is four years

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Compute the discounted payback statistic for Project Dif 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 Time: Cash flow -$11,000 1 $3,350 2 $4,189 3 $1,520 4 5 $300 $1,000 Discounted payback period yan Should the project be accepted or rejected? accepted O rejected

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