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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: 10.00% Year 0

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	-$600	$540	$540	$540

a. 1.76 years

b. 1.56 years

c. 2.24 years

d. 2.76 years

e. 1.24 years

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