Question: could someone help me with the year 3? I figured out the rest of the problem. I am just stuck on these last few blanks.
throughout each year Complete the following table and compute the project's conventional payback period. For full credit, complete the entire table. (Note: Round the conventional payback period to two decimal places. If your answer is negative, be sure to use a minus sign in your answer.) Expected cash flow Year -$4,500,000 -$4,500,000 1.71 Years Year 1 $1,800,000 -$2,700,000 Year 3 $1.575,000 Year 2 $3,825,000 5112,600 Cumulative cash flow Conventional payback period: The conventional payback period ignores the time value of money, and this concerns Cute Camel's CFO. He has now asked you to compute Alpha's discounted payback period, assuming the company has a 8% cost of capital. Complete the following table and perform any necessary calculations, Round the discounted cash flow values to the nearest whole dollar, and the discounted payback period to two decimal places. For full credit, complete the entire table. (Note: If your answer is negative, be sure to use a minus sign in your answer.) Year 1 Year 3 Cash flow $1,575,000 Year -54,500,000 -$4,500,000 -$4,500,000 Year 2 $3,825,000 $3,161,157 $297,521 $1,800,000 $1,636,364 -$2,863,636 Discounted at how Cumulative discounted cash now Discounted payback period: 191 years
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