Question
What is the discounted payback period (in years) for the following project? Assume a discount rate of 7%. Year 0 1 2 3 4 5
What is the discounted payback period (in years) for the following project? Assume a discount rate of 7%.
Year 0 1 2 3 4 5 6 7 8
Cash Flow -$20 $5 $2 $4 $3 $2 $4 $7 $9
3 years
6 years
None of these
5 years
4 years
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Investment Science
Authors: David G. Luenberger
1st International Edition
0195391063, 9780195391060
