1. Suppose a company has proposed a new 5 year project. The project has an initial outlay of $22.000 and has expected cash flows of $3 000 year 1, 594 000 n year 3, $7,000 in year 4, and $7,000 in year 5 The required rate of return is 12% for projects at this company what is the Payback for this project? (Answer to the nearest tenth of a year, e g 32)
2. Suppose a company has proposed a new 4 year project The project has an initial outlay of $71,000 and has expected cash flows of $20,000 n year1525 000 year 2 $28 000 in year 3 and $34.000 in year 4 The require d rate of return is 13% of projects at this company what a the what is the discounted Payback for this project? (Answer to the nearest tenth of a year, e g 32)