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A project has an initial cost of $550,000. It is expected to generate the following Operating Cash Flows: Year Cash Flow 1 $65,000 2 $210,000

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A project has an initial cost of $550,000. It is expected to generate the following Operating Cash Flows: Year Cash Flow 1 $65,000 2 $210,000 3 $240,000 4 $156,000 5 5 $185,000 The company's WACC is 12.4% What is the Projects Discounted Payback? It does not payback O 4.6 years O 3.2 years O 2.7 years

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