Question: WORK Problem 13-8 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project D if the appropriate cost of capital is 12 percent and the

 WORK Problem 13-8 Discounted Payback (LG13-2) Compute the discounted payback statistic

WORK Problem 13-8 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project D if the appropriate cost of capital is 12 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: Cash flow 5 0 1 -$11,600 $3,410 2 $4,300 3 $1,640 4 $0 $1,120 Discounted payback period years Should the project be accepted or rejected? O accepted O rejected

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