Question
If the cash flows for project Z are C 0 = -2,400; C1 = 1,020; C2 = 1,152; C3 = 1,296 and C4 = 1,452,
If the cash flows for project Z are C0 = -2,400; C1 = 1,020; C2 = 1,152; C3 = 1,296 and C4 = 1,452, calculate the discounted payback period (in years) for the project at a discount rate of 20 percent.
Write the formula that you used.
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
