Compute the discounted payback statistic for Project C if the appropriate cost of capitalis 7 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: -$2,400 $1,040 $900 $940 $580$380 Discounted payback period(178.66) years Should the project be accepted or rejected? O accepted O rejected Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allo discounted payback period is three years. (Do not round intermediate calculations and round your final answer to 2 deci places.) Tinet Cash flows $2,400 $1,040 $900 $940 $580 $380 Discounted payback period years Should the project be accepted or rejected? accepted rejected lE Next Prev1 of 7