Question: 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

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 finalanswer to 2 decimal places.)

Project CTime:012345Cash flow:-$1,600$720$660$700$420$220

Should the project be accepted or rejected?

multiple choice

  • accepted
  • rejected

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