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

WACC: $,10\mathrm{.}00\%$

Year

$0$

$1$

$2$

$3$

Cash flows $-$$$750,$$$500$$$500$$$500$

$1\mathrm{.}72$ years

$1\mathrm{.}61$ years

$1\mathrm{.}29$ years

$1\mathrm{.}56$ years

$1\mathrm{.}53$ years