Question
Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) 0 $(120) 1 80 2 65 3 80
Gio's Restaurants is considering a project with the following expected cash flows:
| Year | Project Cash Flow (millions) | |
|---|---|---|
| 0 | $(120) | |
| 1 | 80 | |
| 2 | 65 | |
| 3 | 80 | |
| 4 | 110 | |
If the project's appropriate discount rate is 9 percent, what is the project's discounted payback period?
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Investment The Study Of An Economic Aggregate
Authors: Philip J. Lund
1st Edition
0444851380,1483256901
