# Compute the discounted payback statistic for Project D if the appropriate cost of capital is 11 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 "0" (zero).) Project D      Time:012345Cash flow:−\$12,600\$3,510\$4,500\$1,840\$0\$1,320Discounted payback period: ____.__years

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Compute the discounted payback statistic for Project D if the appropriate cost of capital is 11 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 "0" (zero).)

 Project D Time: 0 1 2 3 4 5 Cash flow: −\$12,600 \$3,510 \$4,500 \$1,840 \$0 \$1,320

Discounted payback period: ____.__years

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Step 1

Discounting payback period describes the time period the investment will take to cover the initial investment cost.

The formula to calculate payback period is given below:

Step 2

The table below shows the cash inflow for each year and cumulative cash flows for project A.

Step 3

From the table, it can be concluded that cumulative cash flow did not become zero before 4th year and the ma...

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