Question
A firm with a 12 percent cost of capital is considering a project for this years capital budget. The projects expected after-tax cash flows are
A firm with a 12 percent cost of capital is considering a project for this years capital budget. The projects expected after-tax cash flows are as follows: Year: 0 1 2 3 4 Cash flow: -$12,000 $5,600 $4,700 $5,600 $5,500 Calculate the projects discounted payback period.
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
