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pleaee use hand writing take and send Aluminum Company uses discounted payback period to evaluate investments in capital assets. The company expects the following annual

pleaee use hand writing take and send
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Aluminum Company uses discounted payback period to evaluate investments in capital assets. The company expects the following annual cash flows from an investment of RM3,500,000: No salvage value (residual value) is expected. The company's cost of capital is 12%. Required: i) Compute the discounted payback period of the investment. ii) Is the investment desirable if the required payback period is 4 years or less

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