Question
An investment project has annual cash inflows of $4,100, $5,000, $6,200, and $5,400, for the next four years, respectively. The discount rate is 14 percent.
An investment project has annual cash inflows of $4,100, $5,000, $6,200, and $5,400, 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 $6,800? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Discounted payback period _____years
What is the discounted payback period for these cash flows if the initial cost is $8,900? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Discounted payback period ____years
What is the discounted payback period for these cash flows if the initial cost is $11,900? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Discounted payback period _____years
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Short Term Financial Management
Authors: Terry S. Maness, John T. Zietlow
2nd Edition
0030315131, 978-0030315138
