Question: Compute the discounted payback statistic for Project DIf the appropriate cost of capital is 13 percent and the maximum allowable discounted payback is four years.

Compute the discounted payback statistic for Project DIf the appropriate cost of capital is 13 percent and the maximum allowable discounted payback is four years. (Do not round intermediate calculations and round your final answer to 2 decimal places. If the project does not pay back, then enter a "O" (zero).) Project D Time: 1 2 3 Cash flow: -$11,800 $3,430 $4,340 $1,680 50 $1,160 Discounted payback period years

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