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Use the following cash flows to answer questions #6 - #10 below. Assume the required return is 13 percent. Year Cash Flows 0 -$90,000 1
Use the following cash flows to answer questions #6 - #10 below. Assume the required return is 13 percent.
| Year | Cash Flows |
| 0 | -$90,000 |
| 1 | $19,000 |
| 2 | $31,000 |
| 3 | $42,000 |
| 4 | $58,000 |
What is the discounted payback period of this project? Round your final answer to at least 2 decimal places.
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Authors: Greg Middleton
1st Edition
979-8866955046
