Problem 13-7 Discounted Payback (LG13-2)

Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8 percent and the maximum allowable discounted payback period is three years. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project C
Time:	0	1	2	3	4	5
Cash flow:	$1,300	$600	$570	$610	$360	$160

Discounted payback period = years

Problem 13-9 IRR (LG13-4)

Compute the IRR static for Project E. The appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project E
Time:	0	1	2	3	4	5
Cash flow	$1,700	$630	$690	$660	$440	$240

IRR = %