Question
1.Gios Restaurants is considering a project with the following expected cash flows. year Project cash flow 0 $(150 million) 1 $90 million 2 $70 million
1.Gios Restaurants is considering a project with the following expected cash flows.
| year | Project cash flow |
| 0 | $(150 million) |
| 1 | $90 million |
| 2 | $70 million |
| 3 | $90 million |
| 4 | $100 million |
If the projects appropriate discount rate is 12%, what is the projects discounted payback?
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
3rd Edition
0321541642, 9780321541642
