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Shannon Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback? r

Shannon Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback? r = 10.00% Year 0 1 2 3 4 Cash flows $950 $525 $485 $445 $405 a. 1.61 years b. 1.99 years c. 2.22 years d. 2.44 years e. 1.79 years

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