Question
Kingsberry Co. is evaluating the following investment project. The firm require a 10% rate of return on their investments. Calculate the discounted payback period for
Kingsberry Co. is evaluating the following investment project. The firm require a 10% rate of return on their investments. Calculate the discounted payback period for the project. (Round to 3 decimals)
| Year (T) | CFs |
| 0 | -2,000,000 |
| 1 | 500,000 |
| 2 | 200,000 |
| 3 | 500,000 |
| 4 | -100,000 |
| 5 | 700,000 |
| 6 | 600,000 |
| 7 | -200,000 |
| 8 | 700,000 |
| 9 | -100,000 |
| 10 | 700,000 |
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Capital Markets Institutions And Instruments
Authors: Frank J. Fabozzi, Franco Modigliani
2nd Edition
0133001873, 978133001877
