The cash flows for Project C is shown below with the appropriate cost of capital at 12.5 percent and the maximum allowable payback is three years. Project C TIME 0 1 2 3 4 5 Cash Flow $ –920 $ 400 $ 490 $ 700 $ 250 $ 120 Compute the discounted payback period for Project C. (Round your answer to 2 decimal places.) Discounted payback period years Should the project be accepted or rejected?