Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 07, 2024

Peaceful Cruises wants to build a new cruise ship that has an initial investment of $ 2 0 0 million. It is estimated to provide

Peaceful Cruises wants to build a new cruise ship that has an initial investment of $

200

million. It is estimated to provide an annual cash flow over the next

20

years of $

20

million per year. The discount rate is

6 % .

What is the discounted payback period? Enter your answer rounded to two decimal places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Risk Sensitive Investment Management

Authors: Mark H A Davis, Sébastien Lleo

1st Edition

9814578037, 978-9814578035

More Books

Students also viewed these Finance questions

Question

★★★★★

The Laplace transform function for the output voltage of a network is expressed in the following form Vo (s) = 12(s + 2) / s(s + 1) (s + 3) (s + 4) Determine the final value i.e. as , of this voltage.

Answered: 1 week ago

Question

★★★★★

Solve the given equations. (8 x) = x 2(2 x)

Answered: 1 week ago

Question

★★★★★

Refer to Table 12.1, in which the relationship between x = mathematics achievement test score and y = final calculus grade was studied. 1. Enter the values for x and y into the first two columns of a...

Answered: 1 week ago

Question

★★★★★

Petal Providers Corporation, described in Problem 5, is interested in estimating its sustainable sales growth rate. Last year, revenues were $1 million; net profit was $50,000; investment in assets...

Answered: 1 week ago

Question

★★★★★

All of the following factors are needed to compute the amount that should be saved periodically to fund a child's college education, EXCEPT: O a. The expected annual rate of change in the Consumer...

Answered: 1 week ago

Question

★★★★★

Part 2: The following unadjusted trial balance is for Ace Construction Co. as of the end of its 2013 fiscal year. The June 30, 2012 credit balance of the owner's capital account was $52,900, and the...

Answered: 1 week ago

Question

★★★★★

Apple is one of the most influential and recognizable brands in the world, responsible for the rise of the smartphone with the iPhone. Valued at over $2 trillion in 2021, it is also the most valuable...

Answered: 1 week ago

Question

★★★★★

Please help just need two-three paragraphs itll be very much appreciated and I will upvote! Identify any company or a segment of it (if its large) and perform research to determine/critique the...

Answered: 1 week ago

Question

★★★★★

Please Answer all Question question 1 and 2 An operations strategy life cycle for the current crisis While manufacturers globally continue to grapple with the economic contraction triggered by the...

Answered: 1 week ago

Question

★★★★★

Food trucks are popular and can be very profitable. Curious? Did you devise a business plan prior to starting the business? Yes or no, why do you believe having a business plan before you start a...

Answered: 1 week ago

Question

★★★★★

List out all the vertical and horizontalintegration by Ford . Which of them were organic? Which were the integrations that gave them competitive advantage?

Answered: 1 week ago

Question

★★★★★

d. What language(s) did they speak?

Answered: 1 week ago

Question

★★★★★

1. How do electronic means of communication (e-mail, the Internet, fax, and so on) differ from face-to-face interactions?

Answered: 1 week ago

Question

★★★★★

3. What are some of the potential challenges organizations face as they become more diverse?

Answered: 1 week ago

Previous Question Next Question