Find out the project discounted payback
Problem:
Project K costs $55,000, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 7%.
Required:
Question: What is the project's discounted payback?
Note: Please explain comprehensively and give step by step solution.
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Question: What is the project's discounted payback? Note: Please explain comprehensively and give step by step solution.
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