If the projects appropriate discount rate is 10 percent


Steinhardt Wig Company is considering a project that has the following cash flows. If the project's appropriate discount rate is 10 percent, what is the projects discounted payback period

Year Project Cash flow
0 -$100,000
1 20,000
2 60,000
3 70,000
4 50,000
5 40,000

The project's discounted payback period is ____ years.

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Finance Basics: If the projects appropriate discount rate is 10 percent
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