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Please see the screenshot below and show your work. Thank you. The oonventional payback period ignores the time value of money, and this concerns Green

Please see the screenshot below and show your work. Thank you.

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The oonventional payback period ignores the time value of money, and this concerns Green Caterpillar's CFO. He has now asked you to oompute Delta's discounted payback period, assuming the company has a 3% cost of' capital. Complete the following table and perform any neoessary calculations. Round the discounted cash flow values to the nearest whole dollar, and the discounted payback period to the nearest two decimal places. For full credit, complete the entire table. 1Iriear [I Year 1 1Iriealr 1 Year 3 Cash flow -5,ooo,ooo $2,ooo,ooo $4,2so,ooo $ 1,?so,ooo Discuuntedcashflnw :l l:l l:l :l Cumulativedismuntedcash Haw : S E :l Discounted payback period: |:| 1.I'quhicl'i version of a project's payback period should the CFO use when evaluating Project Delta, given its theoretical superiority? O The discounted payback period 0 The regular payback period

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