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Assuming an appropriate discount rate of 12%, what is the discounted payback period on a project with an initial outlay of $110,00 and the following
Assuming an appropriate discount rate of 12%, what is the discounted payback period on a project with an initial outlay of $110,00 and the following free cash flows?
Year 1=$20,000
year 2= $35,000
year 3= $30,000
year 4= $35,000
year 5= $20,000
year 6= $30,000
The project's discounted payback period is (blank) years. (round to two decimal places)
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