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An investment project has annual cash inflows of $3,800, $4,700, $5,900, and $5,100, for the next four years, respectively. The discount rate is 14 percent.
An investment project has annual cash inflows of $3,800, $4,700, $5,900, and $5,100, for the next four years, respectively. The discount rate is 14 percent.
What is the discounted payback period for these cash flows if the initial cost is $8,600?
What is the discounted payback period for these cash flows if the initial cost is $11,600?
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