Project

x

has an initial cost of

$46,919

, and its expected net cash inflows are

$11,500

per year for 6 years. The firm has a WACC of 8 percent, and Project X's risk would be similar to that of the firm's existing assets. Calculate the discounted payback period of Project X.

Project X has an initial cost of $46,919, and its expected net cash inflows are $11,500 per year for 6 years. The firm has a WACC of 8 percent, and Project X's risk would be similar to that of the firm's existing assets. Calculate the discounted payback period of Project X. 5.14 years