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  3. imagine a project with an initial investment of $5

Imagine a project with an initial investment of $58.95M. The FCF in the first year...

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Imagine a project with an initial investment of $58.95M. The FCF in the first year is $15M. The FCFs will grow at 10% per year until the end of Year 5. After that, the growth rate will be 3% until the end of Year 10. If the profitability index (PI) of this project is 2, what is the discounted payback period (DPBP) of this project? (Note: All answers are rounded) 4.32 years 4.79 years 4.20 years 4.45 years 4.66 years

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