Consider the following project cash flows:

Project Year $0$ cash flow Year $1$ cash flow Year $2$ cash flow Year $3$ cash flow Discount rate

A $-1007040300\mathrm{.}1$

The discounted payback period for project A is a value:

Select one alternative:

larger than $1\mathrm{.}8$ but less than or equal to $2$ years

None of these

larger than $2\mathrm{.}2$ but less than or equal to $2\mathrm{.}4$ years

larger than $1\mathrm{.}6$ but less than or equal to $1\mathrm{.}8$ years

larger than $2$ but less than or equal to $2\mathrm{.}2$ years