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A project has the following cash flows: Project Year Cash Flows 0 -$5,635.00 1 $2,202.00 2 $2,202.00 3 $2,202.00 4 $2,202.00 Its cost of capital
A project has the following cash flows: Project Year Cash Flows 0 -$5,635.00 1 $2,202.00 2 $2,202.00 3 $2,202.00 4 $2,202.00 Its cost of capital is 12 percent. What is the projects discounted payback period?
4.05 years
3.25 years
3.65 years
3.45 years
3.85 years
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