Question: 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
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 | -$700 | $500 | $500 | $500 |
Group of answer choices
1.66 years
1.45 years
1.42 years
1.59 years
1.24 years
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