Your firm has a project opportunity with the following cash flows: $-$$$1,200,000$ in Year $0,$ $$150,000$ in Year $1,$ $$295,000$ in Year $2,$ $$875,000$ in Year $3,$ and $$390,000$ in Year $4.$ Your firm$$s WACC is $12\%.$ What would be the discounted payback period of this project assuming that cash flows from Years $1$ to $4$ are received equally throughout the year?

A$)2\mathrm{.}31$ years

B$)3\mathrm{.}27$ years

C$)3\mathrm{.}84$ years

D$)4\mathrm{.}18$ years

E$)$ There is not enough information to answer this question

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