Question
Fernando Designs is considering a project that has the following cash flows: Year 0 = -$750; Years 1-3 = $500 each year. If the WACC
Fernando Designs is considering a project that has the following cash flows: Year 0 = -$750; Years 1-3 = $500 each year. If the WACC for the project is 10 percent, what is the project's discounted payback?
- A. 1.53 years
- B. 1.61 years
- C. 1.56 years
- D. 1.29 years
- E. 1.71 years
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Essential Mathematics For Economic Analysis
Authors: Knut Sydsaeter, Peter Hammond
3rd Edition
0273713248, 9780273713241
