Question
Sanders Inc., is considering a project with the following cash flows. Year Cash Flows 0 -$50,000 1 $10,474 2 $15,460 3 $20,833 4 $42,551 5
Sanders Inc., is considering a project with the following cash flows.
| Year | Cash Flows |
| 0 | -$50,000 |
| 1 | $10,474 |
| 2 | $15,460 |
| 3 | $20,833 |
| 4 | $42,551 |
| 5 | $120,198 |
What is the discounted payback period for this project if the appropriate discount rate is 9 percent?
[Enter the final answer with two decimals (e.g. 5.55)]
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Chains Of Finance How Investment Management Is Shaped
Authors: Diane-Laure Arjalies, Philip Grant, Iain Hardie, Donald MacKenzie, Ekaterina Svetlova
1st Edition
0198802943, 978-0198802945
