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Bey Bikes is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? Initial investment (1,090.00) Cash

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Bey Bikes is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? Initial investment (1,090.00) Cash flow-yr-1 490.00 Cash flow-yr-2 465.50 Cash flow-yr-3 441.00 Cash flow-yr-4 372.40 WACC 8.0% a. 2.00yrs b. 2.30yrs c. 3.00yrs d. 2.68yrs

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