Question
Moon Enterprises has a project which has the following cash flows: Year Cash Flow 0 -$500,000 1 150,000 2 200,000 3 350,000 4 140,000 5
Moon Enterprises has a project which has the following cash flows:
Year
Cash Flow
0
-$500,000
1
150,000
2
200,000
3
350,000
4
140,000
5
225,000
The cost of capital is 14 percent. What is the project'sdiscounted payback?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
