Question
Consider the following four-year project. The initial outlay or cost is $210,000. The respective cash inflows for years 1, 2, 3 and 4 are: $100,000,
Consider the following four-year project. The initial outlay or cost is $210,000. The respective cash inflows for years 1, 2, 3 and 4 are: $100,000, $80,000, $80,000 and $20,000. What is the discounted payback period if the discount rate is 11%?
About 2.94 years
About 2.000 years
About 2.427 years
About 1.667 years
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Fundamentals Of Financial Institutions Management
Authors: Marcia Cornett, Anthony Saunders
1st Edition
0256253676, 9780256253672
