Fernando Designs is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 11.50% Year 0 1 2 3 Cash flows -$650 $490 $490 $490 a. 1.28 years b. 2.53 years c. 1.53 years d. 1.47 years e. 2.47 years