Compute the discounted payback statistic for project x

Reference no: EM13281315

Compute the Discounted Payback statistic for Project X and recommend whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 13 percent and the maximum allowable discounted payback is 3 years. Time: 0 1 2 3 4 5 Cash flow: -970 370 610 530 430 280

Reference no: EM13281315

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