Question
Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $18,000, $17,000, $18,000, $15,000, and $14,000, respectively.
Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $18,000, $17,000, $18,000, $15,000, and $14,000, respectively. The interest rate is 10%. Enter your answer rounded to 2 DECIMAL PLACES.
What is the discounted payback period?
If the firm requires a discounted payback periods 4 years or less, will the project be accepted?
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Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
12th edition
1259720683, 978-1259720680
