Question
What is the DISCOUNTED payback period for a project with an initial investment of $180,000 that provides an annual cash inflow of $40,000 for the
What is the DISCOUNTED payback period for a project with an initial investment of $180,000 that provides an annual cash inflow of $40,000 for the first three years and $25,000 per year for years four and five, and $50,000 per year for years six through eight? Use 9.5% discount rate.
- A. 6.36 years
- B. 6.66 years
- C. 5.20 years
- D. 6.79 years
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
