What is the discounted payback period if the discount rate


1. An investment project costs $23798 and has annual cash flows of $6354 for six years. What is the discounted payback period if the discount rate is zero percent? round answer to two decimal places.

2. Hoste Corp. issued a $1000 face value 20-year bond seven years ago with a 12% coupon rate. The bond is currently selling for $1143.75. What is its yield to maturity (YTM)? Assume bond coupons are paid semiannually. Round the answer to the nearest whole percentage.

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Financial Management: What is the discounted payback period if the discount rate
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