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MCI Inc. is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 10.00% Year 0

MCI Inc. is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 10.00% Year 0 1 2 3 Cash flows -$900 $500 $500 $500 Select one: a. 2.33 years b. 2.98 years c. 3.52 years d. 1.86 years

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