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

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Finance

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 $ -11,800 $3,430 $4,340 $1,680 $0 $1,160

Discounted Payback Period =

Should this be rejected YES or NO

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