Compute the discounted payback statistic for Project C if the appropriate cost of capital is 9 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.) points Project C Time: Cash flow: $1,200 $560 2 $540 3 $580 $340 $140 eBook Hint Discounted payback period years Print References Should the project be accepted or rejected? accepted rejected