Blanchford Enterprises is considering a project that has the following cash flow and cost of capital of 10%. What is the project's discounted payback? Year: 0 1 2 3 Cash flows: -$1,000 $500 $500 $500

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
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Blanchford Enterprises is considering a
project that has the following cash flow and
cost of capital of 10%. What is the project's
discounted payback?
Year:
0
1
2
3
Cash flows: -$1,000 $500 $500 $500
Transcribed Image Text:Blanchford Enterprises is considering a project that has the following cash flow and cost of capital of 10%. What is the project's discounted payback? Year: 0 1 2 3 Cash flows: -$1,000 $500 $500 $500
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