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Compute the discounted payback statistic for Project C if the appropriate cost of capital is 6...

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: 0 1 2 3 4 5 Cash flow: –$2,700 $1,160 $990 $1,030 $640 $440

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