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Compute the discounted payback statistic for Project C if the appropriate cost of capital is...

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Finance

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.

Time: 0 1 2 3 4 5
Cash flow: $1,000 $480 $480 $520 $300

$100

Calculate discounted payback period in years

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