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Garvin Enterprises is considering a project that has the following cash flow and WACC data. What is the projects discounted payback? CF Initial investment (960.00)
Garvin Enterprises is considering a project that has the following cash flow and WACC data. What is the projects discounted payback?
| CF | |
| Initial investment | (960.00) |
| Cash flow-yr-1 | 490.00 |
| Cash flow-yr-2 | 490.00 |
| Cash flow-yr-3 | 490.00 |
| WACC | 8.0% |
| a. | 2.22 yrs | |
| b. | 2.50 yrs | |
| c. | 1.96 yrs | |
| d. | 2.00 yrs |
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Capital Markets Institutions And Instruments
Authors: Frank J. Fabozzi, Franco Modigliani
4th Edition
0136026028, 9780136026020
