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 -$650 $500 $500 $500
A. 1.62 years
B. 1.58 years
C. 1.15 years
D. 1.47 years
E. 1.24 years
Answer: D
Business
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