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Fernando Designs is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 10.50% Year 0

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Fernando Designs is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 10.50% Year 0 1 2 3 Cash flows -$600 $530 $530 $530 a. 1.52 years b. 2.72 years c. 1.28 years d. 1.72 years e. 2.28 years

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