Question
(Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) 0 $(180) 1 80 2
(Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows:
| Year | Project Cash Flow (millions) | |
|---|---|---|
| 0 | $(180) | |
| 1 | 80 | |
| 2 | 72 | |
| 3 | 80 | |
| 4 | 105 | |
If the project's appropriate discount rate is 13 percent, what is the project's discounted payback period?
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Venture Capital Valuation
Authors: Lorenzo Carver
1st Edition
0470908289, 978-0470908280
