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Problem 9-5 Calculating Discounted Payback [LO3] An investment project costs $10,000 and has annual cash flows of $2,890 for six years. a. What is the
Problem 9-5 Calculating Discounted Payback [LO3] An investment project costs $10,000 and has annual cash flows of $2,890 for six years. a. What is the discounted payback period if the discount rate is zero percent? (Enter O if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the discounted payback period if the discount rate is 4 percent? (Enter O if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the discounted payback period if the discount rate is 21 percent? (Enter O if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) years a. Discounted payback period b. Discounted payback period Discounted payback period years years
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