Question: Consider the following four-year project. The initial outlay or cost is $90,000. The respective cash inflows for years 1, 2, 3 and 4 are: $50,000,
Consider the following four-year project. The initial outlay or cost is $90,000. The respective cash inflows for years 1, 2, 3 and 4 are: $50,000, $40,000, $40,000 and $10,000. What is the discounted payback period if the discount rate is 11%? About 2.135 years About 1.667 years About 2.427 years About 2.000 years
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
