Compute the discounted payback statistic for Project Cif the appropriate cost of capital is 6 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: -$3,eee $1,280 $1,080 $1,120 5 $500 $700 Discounted payback period years Should the project be accepted or rejected? O accepted O rejected Compute the IRR statistic for Project E. The appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project E Time: Cash flow -$2,eee 1 $750 2 $780 3 $720 4 $see 5 $3ee IRR % Should the project be accepted or rejected? O accepted O rejected