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:

$-$$$1,025$

$$500$

$$500$

$$500$

Which option is correct?

a$\mathrm{.}2\mathrm{.}06$ years

b$\mathrm{.}2\mathrm{.}68$ years

c$\mathrm{.}2\mathrm{.}83$ years

d$\mathrm{.}2\mathrm{.}85$ years

e$\mathrm{.}2\mathrm{.}42$ years