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

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Finance

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. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Project C Time: 0 1 2 3 4 5 Cash flow: $ 2,400 $ 1,040 $ 900 $ 940 $ 580 $ 380

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