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Use the following cash flows to answer questions #1 through #5 below. Assume the required return is 12 percent. Year Cash Flows 0 -$190,000 1
Use the following cash flows to answer questions #1 through #5 below. Assume the required return is 12 percent.
Year | Cash Flows |
0 | -$190,000 |
1 | $70,000 |
2 | $56,000 |
3 | $64,000 |
4 | $42,000 |
What is the discounted payback period of this project?
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