Question
What is the discounted payback period of a five-year project that costs $18,000 today and pays an annual cash flow of $7,500? Assume the cost
What is the discounted payback period of a five-year project that costs $18,000 today and pays an annual cash flow of $7,500? Assume the cost of capital is 15%.
a) 2.40
b) 3.12
c) 3.20
d) 3.80
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Principles Of Managerial Finance
Authors: Chad Zutter, Scott Smart
16th Global Edition
1292400641, 978-1292400648
