Calculate the discounted payback period for a project with a discount rate of 5% the following cash flows:Year 0: -$2000Year 1: $1000Year 2: -$1000Year 3: $1000Year 4: $3000Year 5: $2000

Select one:

a. 4 years.

b. 3.56 years.

c. 4.44 years.

d. 3.44 years.