Question
Solar Solutions, Inc., is trying to evaluate a power generation project with the following expected cash flows: Year Cash Flows 0 ($1,000,000) 1 $400,000 2
Solar Solutions, Inc., is trying to evaluate a power generation project with the following expected cash flows:
| Year | Cash Flows |
| 0 | ($1,000,000) |
| 1 | $400,000 |
| 2 | $450,000 |
| 3 | $500,000 |
What is the discounted payback period for the project if a 10.0% discount rate is used in the analysis?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
11th Edition
0321357965, 978-0321357960
