Problem 13-7 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allowable discounted payback period is...

Compute the discounted payback statistic for Project C if the appropriate cost of capital is 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.)

Should the project be accepted or rejected?

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  accepted

  
  

  
  
  
  


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  rejected