Question: Alpha Enterprises, Inc. is considering a project that has the following cash flows: Year Cash Flow 0 -$1,000 1 500 2 300 3 800 4
Alpha Enterprises, Inc. is considering a project that has the following cash flows: Year Cash Flow 0 -$1,000 1 500 2 300 3 800 4 400
The companys WACC is 10%. What is the projects ordinary payback? Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35 in the answer box.
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