Question
You are evaluating a project with an initial investment of $9.6 million, and equal expected cash flows of $5.1 million per year for years 1
You are evaluating a project with an initial investment of $9.6 million, and equal expected cash flows of $5.1 million per year for years 1 to 5. What is this projects simple payback? The corporate WACC is 5%.
Enter your answer in years, rounded to 1 decimal. For example, if your answer is 2.7654, just enter 2.8
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate the simple payback period we need to fin...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Corporate Finance Principles And Practice
Authors: Denzil Watson, Antony Head
9th Edition
1292450940, 978-1292450940
