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Problem 1 3 - 4 Discounted Payback ( LG 1 3 - 2 ) Compute the discounted payback statistic for Project C if the appropriate

Problem 13-4 Discounted Payback (LG13-2)
Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8 percent and the maximum allowable
discounted payback period is three years.
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Project C
Discounted payback period
years
Should the project be accepted or rejected?
(Click to select)
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