The cost of capital of the project is 909 percent what is


Fairfax Pizza is evaluating a project that would cost 76,000 dollars today. The project is expected to have the following other cash flows: 29,200 dollars in 1 year, 28,600 dollars in 2 years, 41,364 dollars in 3 years, and 9,700 dollars in 4 years. The cost of capital of the project is 9.09 percent. What is the payback period for the project? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The cost of capital of the project is 909 percent what is
Reference No:- TGS02812587

Expected delivery within 24 Hours