Question: 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

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: 012345
Cash flow: $ 2,100 $ 920 $ 810 $ 850 $ 520 $ 320

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