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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 (220,000) 80,000
Logan Plc has estimated the following cash flows for a potential capital project:
Time 0 | Time 1 | Time 2 | Time 3 | |
Cash flow | (220,000) | 80,000 | 150,000 | 180,000 |
The company's cost of capital is 15%.
What is the discounted payback period for this project for Logan Plc?
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