Masulis, Inc. is considering a project that has the following cash flow and WACC data. What is the proj discounted payback (rounded to two decimal places)? Select one 1.61 years. 2.44 years. 2.22 years. 1.88 years. Assume a project has normal cash flows, with one outflow at the beginning of the project, followed by a series of inflows. Holding all else equal, which of the following statements is CORRECT