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Masulis, Inc. is considering a project that has the following cash flow and WACC data. What is the project's discounted payback (rounded to two decimal
Masulis, Inc. is considering a project that has the following cash flow and WACC data. What is the project's discounted payback (rounded to two decimal places)? WACC: 10.00% Year 0 1 2 3 4 Cash flows $950 $525 $485 $445 $405 Select one: a. 2.22 years. b. 2.44 years. c. 1.61 years. d. 1.88 years
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