A project has the following cash flows: Year O2.75 years O 3.55 years O3.35 years O3.15 years O2.95 years 01234 Project Cash Flows -$5,778.00 $2,033.00 $2,033.00 $2,033.00 $2,033.00 Its cost of capital is 10.4 percent. What is the project's discounted payback period?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A project has the following cash flows:
O2.75 years
O 3.55 years
O3.35 years
3.15 years
Year
O2.95 years
01234
Its cost of capital is 10.4 percent. What is the project's discounted payback
period?
Project
Cash Flows
-$5,778.00
$2,033.00
$2,033.00
$2,033.00
$2,033.00
Transcribed Image Text:A project has the following cash flows: O2.75 years O 3.55 years O3.35 years 3.15 years Year O2.95 years 01234 Its cost of capital is 10.4 percent. What is the project's discounted payback period? Project Cash Flows -$5,778.00 $2,033.00 $2,033.00 $2,033.00 $2,033.00
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