Your company is considering a project with the following projected cash flows. Calculate the project's DISCOUNTED payback period (in years). Assume a discount rate of
Your company is considering a project with the following projected cash flows. Calculate the project's DISCOUNTED payback period (in years). Assume a discount rate of 7% Year Cash Flow 0 -$1,100 1 550 2 465 3 424 4 425 Round intermediate values (present value of cash flows) to 4 decimal places of precision. Enter your answer as a number with 2 decimal places of precision (i.e. 1.23)
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Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
