Problem 13-8 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project D if the...
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Problem 13-8 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project D if the appropriate cost of capital is 11 percent and the maximum allowable discounted payback is four years. (Do not round intermediate calculations and round your final answer to 2 decimal places. If the project does not pay back, then enter a "O" (zero).) Project D Time: Cash flow: 1 -$11,100 $3,360 2 $4,200 3 $1,540 4 $0 5 $1,020 Discounted payback period years Should the project be accepted or rejected? accepted rejected
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