Question: Compute the discounted payback statistic for Project if the appropriate cost of capital is 8 percent and the maximum allowable discounted payback period is three

Compute the discounted payback statistic for Project 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.) Progest TI Cash flow 1600 $570 0610 $360 Answer is complete but not entirely correct. Discounted payback 250 years period

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