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Kenner Inc. is considering a project that has the following cash flow and WACC data.What is the project's discounted payback period? WACC:10.00% Year 01234 Cash

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

WACC:10.00%

Year01234

Cash flows-$1900$1050$970$890$810

A.

2.48 years

B.

1.98 years

C.

3.56 years

D.

2.22 years

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