Question
The Scoggin Corporation is evaluating the following project. The CFO has determined that the appropriate risk-adjusted discount rate is 7%. Calculate the discounted payback period
The Scoggin Corporation is evaluating the following project. The CFO has determined that the appropriate risk-adjusted discount rate is 7%. Calculate the discounted payback period for the project. (Round to 3 decimals)
| Year | Cash Flow |
| 0 | -15,000,000 |
| 1 | 3,950,000 |
| 2 | 3,500,000 |
| 3 | 3,800,000 |
| 4 | -1,000,000 |
| 5 | 3,500,000 |
| 6 | 3,000,000 |
| 7 | -1,000,000 |
| 8 | 2,000,000 |
| 9 | 2,000,000 |
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Ethics In Finance
Authors: John R. Boatright
3rd Edition
1118615824, 978-1118615829
