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( Discounted payback period ) You are considering a project with the following cashflows: year project cash flow 0 -30000 1 10000 2 10000 3
(Discounted payback period) You are considering a project with the following cashflows:
year project cash flow
0 -30000
1 10000
2 10000
3 10000
4 10000
If the appropriate discount rate is 8 percent, what is theproject's discounted paybackperiod?
Theproject's discounted payback period is ____ years.(Round to two decimalplaces.)
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