Question
A project has an initial cost of $21,000 and is expected to produce cash inflows of $11,300, $12,500, and $15,800 over the next three years,
A project has an initial cost of $21,000 and is expected to produce cash inflows of $11,300, $12,500, and $15,800 over the next three years, respectively. What is the discounted payback period if the required rate of return is 18 percent?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
2nd Edition
0324117752, 9780324117752
