Question
An investment project costs $10,000 and has annual cash flows of $2,930 for six years. What is the discounted payback period if the discount rate
An investment project costs $10,000 and has annual cash flows of $2,930 for six years. What is the discounted payback period if the discount rate is zero percent? (Do not round intermediate calculations. Enter 0 if the project never pays back. Round your answer to 2 decimal places (e.g., 32.16).) Discounted payback period years What is the discounted payback period if the discount rate is 5 percent? (Do not round intermediate calculations. Enter 0 if the project never pays back. Round your answer to 2 decimal places (e.g., 32.16).) Discounted payback period years What is the discounted payback period if the discount rate is 19 percent? (Do not round intermediate calculations. Enter 0 if the project never pays back. Round your answer to 2 decimal places (e.g., 32.16).) Discounted payback period years
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