An investment project costs ($5,000) and has annual cash flows of ($1,100) for six years. What is

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An investment project costs \($5,000\) and has annual cash flows of \($1,100\) for six years. What is the discounted payback period if the discount rate is zero percent? What if the discount rate is 5 percent? If it is 15 percent?

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Fundamentals Of Corporate Finance

ISBN: 9780072313000

5th Edition

Authors: Stephen A Ross, Randolph W Westerfield

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