You have just started your new position as a finance manager is Visible Inc. Your colleague presents you with the following cash flows of a proposed project (all values are in million):

Year:	0	1	2	3	4
Cash flows:	($1,000)	$525	$485	$445	$405

At an assumed WACC of 10%, what is the project's discounted payback period?

Group of answer choices

a)1.92 years

b)2.36 years

c)None of the answers shown is correct

d)1.72 years

2.44 years