Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the discounted payback period (in annual terms) of the following cashflow stream? The rate is 3.3%. Year 1: $-1,413 Year 4: $383 Year

image text in transcribed

What is the discounted payback period (in annual terms) of the following cashflow stream? The rate is 3.3%. Year 1: $-1,413 Year 4: $383 Year 9: $1,327 Year 10: $-8 Year 15: $494 Year 19: $34 9 PV = FV/ (1+r)^t Sum until breakeven (this is the year) Note: Due to code limitations these questions have fewer cashflows than the exam will

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Comparative Public Budgeting

Authors: George M Guess

2nd Edition

1316648109, 978-1316648100

More Books

Students also viewed these Finance questions