Problem 13-7 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project C if 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: 0 -$2,900 1 $1,240 2 $1,050 3 $1,090 4 $680 5 480 Discounted payback period years Should the project be accepted or rejected? O accepted O rejected Problem 13-8 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project D if the appropriate cost of capital is 11 percent and the maximum allowable discounted payback is four years. (Do not round intermediate calculations and round your final answer to 2 decimal places. If the project does not pay back, then enter a "O" (zero).) Project D Time: Cash flow: $12,700 1 $3,520 2 $4,520 3 $1,860 4 $0 5 $1,340 Discounted payback period years Should the project be accepted or rejected? O accepted O rejected