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 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: 0 -$11,700 1 $3,420 2 $4,320 3 $1,660 4 $0 5 $1,140 Discounted payback period years
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