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Reynolds Bikes is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? Year: 0 1 2
Reynolds Bikes is considering a project that has the following cash flow and WACC data. What is the project's discounted payback?
| Year: | 0 | 1 | 2 | 3 | 4 |
| Cash flows: | -$1,000 | $525 | $485 | $445 | $405 |
a. | 1.66 years |
b. | 1.82 years |
c. | 2.03 years |
d. | 2.27 years |
e. | 2.41 years |
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