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What is this project's discounted payback? WACC: 9.00% Year 0 1 2 3 Cash flows -$1200 $600 $500 $400 a. 2.74 years b. 2.85 years

What is this project's discounted payback?

WACC:

9.00%

Year

0

1

2

3

Cash flows

-$1200

$600

$500

$400

a.

2.74 years

b.

2.85 years

c.

2.40 years

d.

2.68 years

e.

1.59 years

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