Question: Project ( L ) requires an initial outiay at ( t=0 ) of ( $ 65,000 ), its expected cash inflows are ( $ 15,000

 Project \\( L \\) requires an initial outiay at \\( t=0

Project \\( L \\) requires an initial outiay at \\( t=0 \\) of \\( \\$ 65,000 \\), its expected cash inflows are \\( \\$ 15,000 \\) per yeor for 9 years, and its wacc is \10. What is the project's eiscounted paybock? Do not round intermediate calculations. Round your answer to two decimal places. years

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!