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table [ [ , Year 0 , Year 1 , Year 2 , Year 3 ] , [ Expected cash flow, - $ 4
tableYear Year Year Year Expected cash flow,$$
The conventional payback period ignores the time value of money, and this concerns Green Caterpillar's CFO. He has now asked you to compute Beta's discounted payback period, assuming the company has a cost of capital. Complete the following table and perform any necessary calculations. Round the discounted cash flow values to the nearest whole dollar, and the discounted payback period to two decimal places. For full credit, complete the entire table. Note: If your answer is negative, be sure to use a minus sign in your answer.
Which version of a project's payback period should the CFO use when evaluating Project Beta, given its theoretical superiority?
The discounted payback period
The regular payback period$$
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