A project has the following cash flows:.

A project has the following cash flows:.

Year Project Cash Flow

1 $-3,000

2 $ 1,000

3 $ 1,000

4 $ 1,000

Its cost of capital is 10 percent. What is the project’s discounted payback period?

Choices of answer:

3.00 years

3.30 years

3.52 years

3.75 years

4.75 years

A project has the following cash flows:.