Question: Van Auken Inc. is considering a project that has the following cash flows: Year Cash Flow 0 -$1,600 1 500 2 400 3 650 4

Van Auken Inc. is considering a project that has the following cash flows:

Year

Cash Flow

0

-$1,600

1

500

2

400

3

650

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.

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!