Your division is considering a project with the following cash flows:

If the WACC is 10.5%, what is the projects discounted payback? Do not round intermediate calculations. *Round to two decimal places.

0 1 2 3 4 5

Project A: -$2,250 $770 $1060 $500 $800 $920

Discounted payback: ???? years

What is the projects Cumulative Cash Flow Balance at the end of the year 4?

Year 4 Cumulative Cash Flow Balance: $