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Logan Plc has estimated the following cash flows for a potential capital project: Time 0 Time 1 Time 2 Time 3 Cash flow (200,000) 95,000
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Logan Plc has estimated the following cash flows for a potential capital project:
Time 0 Time 1 Time 2 Time 3 Cash flow (200,000) 95,000 120,000 180,000 The company's cost of capital is 10%.
What is the discounted payback period for this project for Logan Plc?
3.11 years
2.11 years
1.92 years
2.92 years
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