Problem 13-7 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project Cif 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.) Project -$2,900 $1,240 $1,050 $1,090 1 Time: Cash flow: $680 $480 Discounted payback period years Should the project be accepted or rejected? O accepted O rejected