Question
Project L requires an initial outlay at t = 0 of $60,000, its expected cash inflows are $14,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $60,000, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 13%. What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places.
years
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Advanced Finance
Authors: Michael Fardon
1st Edition
1872962319, 1872962173, 978-1872962313, 978-1872962177
