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Problem 13-7 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project if the appropriate cost of capital is 7 percent and the maximum allowable
Problem 13-7 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project if the appropriate cost of capital is 7 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 cash flow Times 0 -$2,300 $1,000 $870 $910 $560 $360 Discounted payback period years Should the project be accepted or rejected? accepted rejected
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