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. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Project C | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | $1,700 | $760 | $690 | $730 | $440 | $240 |
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American Public School Finance
Authors: William Owings, Leslie Kaplan
2nd Edition
1111838046, 978-1111838041
