A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 Project S -$1,000 $550 $600 $100 Project L - $2,000 $900 $725 $800 What is the discounted payback period of the better project? WACC=10% Select one: a. I do not have enough information. O b. 2.06 years c. 2.97 years d. 1.75 years e. 2.47 years