Question
(Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) 0 $(210) 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 | $(210) | ||
| 1 | 80 | ||
| 2 | 75 | ||
| 3 | 80 | ||
| 4 | 95 | ||
If the project's appropriate discount rate is
12
percent, what is the project's discounted payback period?
The project's discounted payback period is
nothing
years.(Round to two decimal places.)
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Financial Management For Nurse Managers Merging The Heart With The Dollar Merging The Heart With The Dollar
Authors: J. Michael Leger, Janne Dunham-Taylor
4th Edition
1284127257, 978-1284127256
