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Fernando Designs is considering a project that has the following cash flow and WACC data. What is the project's discountedpayback? WACC: 10.00% Year 0 1

Fernando Designs is considering a project that has the following cash flow and WACC data. What is the project's discountedpayback?

WACC: 10.00%
Year 0 1 2 3
Cash flows -$700 $500 $500 $500
a. 1.45 years
b. 1.42 years
c. 1.24 years
d. 1.66 years
e. 1.59 years

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