Question
Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $10,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $10,000 per year for 9 years, and its WACC is 9%. What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places.
years
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The Socionomic Theory Of Finance
Authors: Robert R. Prechter
1st Edition
0977611256, 978-0977611256
