Question
Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $19,000, $19,000, $16,000, $15,000, and $14,000, respectively.
Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $19,000, $19,000, $16,000, $15,000, and $14,000, respectively. The interest rate is 7%. 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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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner
4th Edition
