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 Tine Cash flow: $1,000 $480 $430 $520 $300 $100 Discounted payback period Should the project be accepted or rejected? O acceptec rejected