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

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.) Project Tine: Cash flow: @ -$2,190 1 $920 2 $810 3 5850 4 $520 5 $320 Discounted payback period years

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