Question
An investment project has annual cash inflows of $3,300, $4,200, $5,400, and $4,600, for the next four years, respectively. The discount rate is 15 percent.
| An investment project has annual cash inflows of $3,300, $4,200, $5,400, and $4,600, for the next four years, respectively. The discount rate is 15 percent. |
| What is the discounted payback period for these cash flows if the initial cost is $8,100? |
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Earnings Quality
Authors: Andrew P.C.
1st Edition
1521507724, 978-1521507728
