Fernando Designs is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 10.00% Year 0 1 2 3 Cash flows -$650 $500 $500 $500 O a. 2.53 years b. 1.47 years c. 2.47 years d. 1.34 years e. 1.53 years