Moerdyk & Co$.$ is considering Projects S and L$,$ whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The required rate of return for both projects is $10\%.$Moerdyk & Co$.$ is considering Projects S and L$,$ whose cash flows are shown below. These projects are mutually exclusive,

equally risky, and not repeatable. The required rate of return for both projects is $10\%.$

What is the discounted payback period for Project $S?$

a$.1\mathrm{.}96$ years

b$.2\mathrm{.}67$ years

c$.1\mathrm{.}51$ years

d$.2\mathrm{.}05$ years