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Compute the discounted payback statistic for Project C if the appropriate cost of capital is 9 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 C

Time: 0 1 2 3 4 5

Cash flow –$1,800 $800 $720 $760 $460 $260

Discounted payback period years

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91782331

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