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The Surpa Corporation is evaluating the following project. The CFO has determined that the appropriate risk-adjusted discount rate is 8%. Calculate the discounted payback period
| The Surpa Corporation is evaluating the following project. The CFO has determined that the appropriate risk-adjusted discount rate is 8%. Calculate the discounted payback period for the project. (Round to 3 decimals)
| |
| Year | Cash Flow |
| 0 | -25,000,000 |
| 1 | 5,000,000 |
| 2 | 6,000,000 |
| 3 | 6,000,000 |
| 4 | 6,000,000 |
| 5 | 10,000,000 |
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Asset Allocation And International Investments
Authors: G. Gregoriou
1st Edition
023001917X,0230626513
