Compute discounted payback statistic for project

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Compute the discounted payback statistic for Project D if the appropriate cost of capital is 12 percent and the maximum allowable discounted payback is four years. (Do not round intermediate calculations. 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 –$12,400 $3,490 $4,460 $1,800 $0 $1,280 Discounted payback period Should the project be accepted or rejected?

Reference no: EM131619690

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