Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a required return (WACC) of 8% Initial Outlay = $100,000 Cash Flows: Year 1 = $40,000 Year 2 = $50,000 Year 3 = $60,000 2.42 years 2.17 years 3.00 years 1.91 years