Question: The Aphe Centauri Dance Club is evaluating a projact based on the following estimated cesh flows: A discount rate of 9% is used to evaluate
The Aphe Centauri Dance Club is evaluating a projact based on the following estimated cesh flows: A discount rate of 9% is used to evaluate all the companies potential projects. You may have rounding errors in your calculations so choose the closest answer. Assume cash flows are received equally over the year. What is the Discounted Payback of the prolect shown above? a. 2.15 years. b. 3.25 years. c. 2.33 years. d. 1.10 years
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