XYZ Enterprises is considering a project that has the following cash flow data. What is the project's payback period? The cost of capital is 10%. Year: 1 2 3 Cash flows: -$1,000 1,000 $300 $800 0 O a) 5.00 years b) 3.00 years C) 2.00 years d) 1.00 year e) Does not payback