Your discount rate is 13 if it turn out your payback period


A project will cost $50,000 today and produce equal after tax cash flow for the next seven years (this will be the only cash flow from the project). Your discount rate is 13% if it turn out your payback period is four years, what is the net present value of this project? (Write down the formula that you use please.

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Financial Management: Your discount rate is 13 if it turn out your payback period
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