Question
Daigles Bagels has a 8% 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 8% WACC and is evaluating a project for this years capital budget. After-tax cash flows, including depreciation, are as follows:
| Year | Cashflow |
| 0 | -$1,100 |
| 1 | $400 |
| 2 | $400 |
| 3 | $450 |
| 4 | $100 |
What is the project's expected Payback? Answer with 2 decimals (ex. 1.11).
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Personal Finance
Authors: Vickie L Bajtelsmit
2nd Edition
111959247X, 9781119592471
