Question: Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allowable discounted payback period is
Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allowable discounted payback period is three years.(Do not round intermediate calculations and round your finalanswer to 2 decimal places.)
Project CTime: 0 1 2 3 4 5
Cash flow:-$1,400 $640 $600 $640 $380 $180
Should the project be accepted or rejected?
- accepted
- rejected
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