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

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Accounting

Compute the discounted payback statistic for Project D if the appropriate cost of capital is 12 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) Project A Time: 0 1 2 3 4 5 Cash flow $12,400 $3490 $4460 $1800 $0 $1280 Payback years

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