Question
Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allowable discounted payback period is
Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allowable discounted payback period is three years.
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Project C
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|---|
| Cash flow: | $ 1,100 | $ 520 | $ 510 | $ 550 | $ 320 | $ 120 |
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Analysis For Financial Management
Authors: Robert Higgins
7th Edition
0072863641, 9780072863642
