Question
Daigles Bagels has a 11% WACC and is evaluating a project for this years capital budget. After-tax cash flows, including depreciation, are as follows: Year
Daigles Bagels has a 11% WACC and is evaluating a project for this years capital budget. After-tax cash flows, including depreciation, are as follows:
| Year | Cashflow |
| 0 | -$1,000 |
| 1 | $460 |
| 2 | $360 |
| 3 | $250 |
| 4 | $370 |
What is the project's expected Discounted Payback? Answer with 2 decimals (ex. 16.61).
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
