Question: 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

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.

Time	0	1	2	3	4	5
cash flow	-2600	1120	960	1000	620	420

Discounted payback period years will be?

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