Question
Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $16,000, $14,000, $17,000, $13,000, and $17,000, respectively.
Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $16,000, $14,000, $17,000, $13,000, and $17,000, respectively. The interest rate is 8%. Enter your answer rounded to 2 DECIMAL PLACES
What is the discounted payback period? and if the firm requires a discounted payback period 4 years or less, will the project be accepted (yes/no)?
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
