Question list K (Discounted payback period) The Callaway Cattle Company is considering the construction of a new feed handling system for its feed lot in Abilene, Kansas. The new system will provide annual labor savings and reduced waste totaling $175,000 while the initial investment is only $505,000. Callaway's management has used a simple payback method for evaluating new investments in the past but plans to calculate the discounted payback to analyze the investment. Where the appropriate discount rate for this type of project is 12 percent, what is the project's discounted payback period? Question 9 The project's discounted payback period is years. (Round to two decimal places.) Question 10 Question 11 Question 12 Question 13 Question 14 Question 15 Question 16 Help me solve this View an example Get more help A Clear all Check answer