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Please include excel formulas Ace Ventura Dophin Rescue company is growing and has computed the following expected cash flows for a new project. What is

Please include excel formulas

Ace Ventura Dophin Rescue company is growing and has computed the following expected cash flows for a new project. What is the discounted payback period (in years), if the initial cost is $300,000? The company must get all its money back within three years using an 11% discount rate , do you invest ?

Year Cash Flow
(300,000)
1 25,000
2 129,000
3 233,000
4 337,000
5 441,000

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