Question
Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $20,000, $18,000, $18,000, $20,000, and $16,000, respectively.
Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $20,000, $18,000, $18,000, $20,000, and $16,000, respectively. The interest rate is 10%. What is the discounted payback period? (Enter only whole numbers)
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Evolutionary Finance
Authors: Bartholomew Frederick Dowling
1st Edition
0230502199, 9780230502192
