An investment project costs $22,366 and has annual cash flows of $6,556 for six years. What is the discounted payback period if the discount rate is zero percent?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 15EB: Project X costs $10,000 and will generate annual net cash inflows of $4,800 for five years. What is...
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An investment project costs $22,366 and has annual cash flows of $6,556 for six years. What is the discounted payback period if the discount rate is zero percent?

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