Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8...

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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 Time: 0 1 Cash flow: -$ 1,900 $ 840 2 $ 750 3 4 5 $ 790 $ 480 $ 280 Discounted payback period years Should the project be accepted or rejected? (Click to select) 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 Time: 0 1 Cash flow: -$ 1,900 $ 840 2 $ 750 3 4 5 $ 790 $ 480 $ 280 Discounted payback period years Should the project be accepted or rejected? (Click to select)