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Compute the discounted payback statistic for Project if the appropriate cost of capital is 9 percent and the maximum alowable discounted payback period is three

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Compute the discounted payback statistic for Project if the appropriate cost of capital is 9 percent and the maximum alowable discounted payback period is three years. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project a Time: Cash Flow 2 -$1,000 1800 5460 Discounted payback period yeon Should the project be accepted or rejected? O accepted O rejected

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