What is the payback period of a project with a 40 comma


What is the payback period of a project with a $ 40 comma 200 initial investment and expected net cash flows of $ 12 comma 500 ?, $ 18 comma 600 ?, and $ 25 comma 600 in each of the next three? years, assuming an appropriate discount rate of 10.1 ?percent? The payback period is nothing years. ?(Round to two decimal? places.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the payback period of a project with a 40 comma
Reference No:- TGS02331514

Expected delivery within 24 Hours