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Calculate the discounted payback for a project with the following projected cash flows: Year Cash Flow 0 -2,500 1 600 2 1300 3 843 4

Calculate the discounted payback for a project with the following projected cash flows:

Year Cash Flow
0 -2,500
1 600
2 1300
3 843
4 600

Assume the risk-adjusted WACC is 7%.

Enter your answer as a number with 2 decimal places of precision (i.e. 1.23)

Do not round intermediate calculations (PVs)

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