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9 Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allowable discounted payback

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9 Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allowable discounted payback period is three years. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Project C 8 00:49:06 Time: 0 1 2 3 4 5 Cash flow: -$ 2,300 $ 1,000 $ 870 $ 910 $ 560 $ 360 Discounted payback period years Should the project be accepted or rejected? (Click to select)

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