Oranges Inc. is considering a project that has the following cash flow and Cost of Capital data. What is the project's discounted payback?
Cost of Capital: 10.00%
Year 0 1 2 3 4
Cash flows -$950 $525 $485 $445 $405
A. 1.61 years
B. 1.79 years
C. 1.99 years
D. 2.22 years
E. 2.44 years