CAPS. AMwy PayPal Tume estrewood Connection in the Catholic Comp. Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8 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 : Cash flow: 1 $480 2 $480 -$1,000 3 $520 4 $300 5 $100 Discounted payback period years Should the project be accepted or rejected? rejected accepted 12A a O ODS