Question
An investment project has annual cash inflows of $5,100, $3,200, $4,400, and $3,600, for the next four years, respectively. The discount rate is 15 percent.
| An investment project has annual cash inflows of $5,100, $3,200, $4,400, and $3,600, 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 $5,000? What is the discounted payback period for these cash flows if the initial cost is $7,100?
|
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Personal Finance
Authors: Jeff Madura
7th Edition
0134989961, 978-0134989969
