Problem on discounted payback period for cash flows
An investment project has annual cash inflows of $7,300, $8,500, $8,500, and $7,100, and a discount rate of 14 percent.
What is the discounted payback period for these cash flows if the initial cost is $14,665?
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An investment project has annual cash inflows of $7,300, $8,500, $8,500, and $7,100, and a discount rate of 14 percent. What is the discounted payback period for these cash flows if the initial cost is $14,665?
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