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Compute the discounted paybck statistic for Project C if the appropriate cost of capital is 9 percent and the maximum allowable discounted payback period is

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Compute the discounted paybck 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.) \& Answer is complete but not entirely correct

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