Check my wo Problem 13-4 Discounted Payback (LG13-2) 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. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Project C Time: 1 2 Cash flow: -$ 1,300 $ 600 $ 570 3 $ 610 4 5 $ 360 $ 160 Discounted payback period years Should the project be accepted or rejected?