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Shannon Co. is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 4.00% Year 0

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

WACC: 4.00%
Year

0

1

2

3

4

Cash flows

-$950

$525

$485

$445

$405

1.61 years

1.79 years

1.99 years

2.22 years

2.44 years

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