Question
Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $18,000, $19,000, $19,000, $16,000, and $13,000, respectively.
Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $18,000, $19,000, $19,000, $16,000, and $13,000, respectively. The interest rate is 10%. Enter your answers rounded to 2 DECIMAL PLACES.
What is the discounted payback period?
If the firm accepts projects with discounted payback periods of less than 3 years, will the project be accepted? (Yes/No)
What is the NPV of the project?
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Financial Adulting Everything You Need To Be A Financially Confident And Conscious Adult
Authors: Ashley Feinstein Gerstley
1st Edition
1119817307, 9781119817307
