Problem 13-7 Discounted Payback (LG13-2) 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. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project C Times Cash flow: -$1,300 $600 $570 5610 $360 s160 Discounted payback period years Should the project be accepted or rejected? O accepted O rejected