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Baker's Supply Corp. is considering adding a new product to its lineup and has estimated the following: Year 0 cash flow: -$20,000 Year 1 cash

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Baker's Supply Corp. is considering adding a new product to its lineup and has estimated the following: Year 0 cash flow: -$20,000 Year 1 cash flow: $18,000 Year 2 cash flow: $3,500 Year 3 cash flow: $5,800 Year 4 cash flow: $1,600 What is the discounted payback period of the project if the required rate is 10%? Oa 2.77 years b. The project never pays back OC 3.94 years Od 2.17 years

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