Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Authors: Jane King, Mary Carey

2nd Edition

0198748779, 9780198748779

More Books

Students also viewed these Finance questions