An investment project has annual cash inflows of $5,000, $5,500, $6,000, and $7,000, and a discount rate
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Question:
An investment project has annual cash inflows of $5,000, $5,500, $6,000, and $7,000, and a discount rate of 11 percent. What is the discounted payback period for these cash flows if the initial cost is $8,000? What if the initial cost is $12,000? What if it is $16,000?
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