Question: Compute the discounted payback statistic for Project C if the appropriate cost of capital is 9 percent and the maximum allowable discounted payback period

Compute the discounted payback statistic for Project C if the appropriate cost 

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: O Cash flow: 0 -$1,500 Discounted payback period 1 $680 2 $630 years Should the project be accepted or rejected? 3 $670 4 $400 5 $200

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