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Connect Only Problem 1 3 - 1 0 Discounted Payback ( LG 1 3 - 2 ) Suppose your firm is considering investing in a

Connect Only Problem 13-10 Discounted Payback (LG13-2)
Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 8 percent, and that the maximum allowable payback and discountes payback statistics for the project are 3.5 and 4.5 years, respectively.
\table[[Time:,0,1,2,3,4,5,6],[Cash flow:,-$5,000,$1,200,$2,400,$1,600,$1,600,$1,400,$1,200
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