inflows An investment project has annual cash of $7,600, $7,300, $7,300, and $7,900, and a discount rate of 10 percent. If the initial cost is $8,100, the discounted payback period for these cash flows is years.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter11: Capital Budgeting And Risk
Section: Chapter Questions
Problem 14P
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inflows
An investment project has annual cash
of $7,600, $7,300, $7,300,
and $7,900, and a discount rate of 10
percent. If the initial cost is $8,100, the
discounted payback period for these
cash flows is
years.
Transcribed Image Text:inflows An investment project has annual cash of $7,600, $7,300, $7,300, and $7,900, and a discount rate of 10 percent. If the initial cost is $8,100, the discounted payback period for these cash flows is years.
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