Compute the discounted payback statistic for project

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Compute the discounted payback statistic for Project D if the appropriate cost of capital is 13 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 "0" (zero).) Project D Time: 0 1 2 3 4 5 Cash flow –$12,100 $3,460 $4,400 $1,740 $0 $1,220 Discounted payback period Should the project be accepted or rejected? Accepted Rejected

Reference no: EM131078126

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