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 $-$$$700$$$500$$$500$$$500$

$1\mathrm{.}45$ years

$1\mathrm{.}59$ years

$1\mathrm{.}24$ years

$1\mathrm{.}66$ years

$1\mathrm{.}42$ years