Your required rate of return is 10 percent. If you invest $3,000 today you will receive the following cash flows from year 1 to 4: 2000, 500, 1000, 2000. Calculate the Discounted Payback Period of the project. 3.7 years 3.9 years 3.1 years 3.5 years 3.3 years

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter26: Capital Investment Analysis
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Your required rate of return is 10 percent. If you invest $3,000 today you will receive
the following cash flows from year 1 to 4: 2000, 500, 1000, 2000. Calculate the
Discounted Payback Period of the project.
3.7 years
3.9 years
3.1 years
3.5 years
3.3
3 years
Transcribed Image Text:Your required rate of return is 10 percent. If you invest $3,000 today you will receive the following cash flows from year 1 to 4: 2000, 500, 1000, 2000. Calculate the Discounted Payback Period of the project. 3.7 years 3.9 years 3.1 years 3.5 years 3.3 3 years
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