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A firm with a 12 percent cost of capital is considering a project for this year's capital budget. The project's expected after-tax cash flows are

A firm with a 12 percent cost of capital is considering a project for this year's capital budget. The project's expected after-tax cash flows are as follows: Year: 1 4 Cash -$10,000 $4,400 $4,600 $4,400 $4,500 flow: Calculate the project's discounted payback period. O 2.77 years O 2.00 years O 3.00 years O 2.50 years O 2.23 years

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