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Find the discounted payback statistic for project

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Reference no: EM132551458

Question 1: Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8 percent and the maximum allowable discounted payback period is three years. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project C

Time:             0        1         2        3        4          5

Cash flow:  -$1,300  $600   $570   $610    $360    $160

Reference no: EM132551458

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