Question
K&G Co. is evaluating a project that has the following cash flow and WACC data. What is the project's discounted payback period? Show your formula
K&G Co. is evaluating a project that has the following cash flow and WACC data. What is the project's discounted payback period? Show your formula and your work in details.
| WACC: | 6.40% |
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|
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| Year | 0 | 1 | 2 | 3 | 4 |
| Cash flows | -$1060 | $580 | $365 | $450 | $490 |
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
