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Compute the discounted payback statistic for Project Cw the appropriate cost of capital is 8 percent and the maximum allowable discounted payback period is three

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Compute the discounted payback statistic for Project Cw 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.) Projecte Time Cash flow 0 -$1,900 2 5750 5840 $790 5480 $280 years Discounted payback period Should the project be accepted or rejected? accepted O rejected

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