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LG3 13-8 Discounted Payback Compute the discounted payback statistic for Project D and recommend whether the firm should accept or reject the project with the

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LG3 13-8 Discounted Payback Compute the discounted payback statistic for Project D and recommend whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 12 percent and the maximum allowable discounted payback is four years. Project D Timel 0 1 2 3 4 5 Cash Flow -$11,000 $3,350 $4,180 $1,520 300 $1,000

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