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Compute the discounted payback statistic for Project C if the appropriate cost of capital is 6 percent and the maximum allowable discounted payback period is

Compute the discounted payback statistic for Project C if the appropriate cost of capital is 6 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.)
\table[[Project C],[Time:,0,1,2,3,4,5],[Cash flow:,-$2,800,$1,200,$1,020,$1,060,$660,$460
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