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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: 10.00% 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:

10.00%

Year

0

1

2

3

4

Cash flows

-$1000

$475

$425

$400

$380

a.2.07 yrs

b,2.20 yrs

c.2.52 yrs

d.2.78 yrs

e.2.89 yrs

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