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Problem 13-7 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project C if the appropriate cost of capital is 9 percent and the maximum

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Problem 13-7 Discounted Payback (LG13-2) Compute the discounted payback 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.) Project c Time: Cash flow: 2 $540 -$1,200 3 $580 5 $140 $560 $340 Discounted payback period 0.00 years Should the project be accepted or rejected? accepted O rejected

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