In: Finance
Given the following cash flows for a capital project, calculate
its payback period and discounted payback period. The required rate
of return is 8 percent.
Year | ||||||
0 | 1 | 2 | 3 | 4 | 5 | |
Cash Flows | $-56900 | $13650 | $18050 | $25200 | $10000 | $5000 |
The discounted payback period is