A project has annual cashflows (including the initial year) of -90,000, 55,000, 65,000, 65,000, 50,000, and 50,000. Calculate the discounted payback period for this project if the discount rate is 11%. Round your answer to 2 decimals.
A project has annual cashflows (including the initial year) of -90,000, 55,000, 65,000, 65,000, 50,000, and 50,000. Calculate the discounted payback period for this project if the discount rate is 11%. Round your answer to 2 decimals.
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter12: Capital Budgeting: Decision Criteria
Section: Chapter Questions
Problem 1P: A project has an initial cost of 40,000, expected net cash inflows of 9,000 per year for 7 years,...
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![A project has annual cashflows
(including the initial year) of -90,000,
55,000, 65,000, 65,000, 50,000, and
50,000. Calculate the discounted
payback period for this project if the
discount rate is 11%. Round your
answer to 2 decimals.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0d1f7be2-8d2d-4b27-b95a-67cb16373c0b%2F002901f6-1b83-47c5-9e28-aae66ab06043%2Fasv4cdf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A project has annual cashflows
(including the initial year) of -90,000,
55,000, 65,000, 65,000, 50,000, and
50,000. Calculate the discounted
payback period for this project if the
discount rate is 11%. Round your
answer to 2 decimals.
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