What is the project’s discounted payback?

What is the project’s discounted payback?

Question 9 Fernando Designs is considering a project that
has the following cash flow and WACC data. What is the project’s discounted payback? WACC: 10.00% Year 0 1 2 3 Cash flows -$900 $500 $500 $500 $500 1.88 years 2.09 years 2.29 years 2.52 years 2.78 years

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