Polk Products is considering an investment project with the following cash flows: Year Cash Flow 0...

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Finance

Polk Products is considering an investment project with thefollowing cash flows: Year Cash Flow 0 -$100,000 1. 20,000 2.90,000 3. 30,000 4. 60,000 The company has a 10 percent cost ofcapital. What is the project's discounted payback?
1.86 years
1.67 years
2.67 years
2.49 years
2.33 years

Answer & Explanation Solved by verified expert

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Solution The projects Discounted Payback See Answer

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Polk Products is considering an investment project with thefollowing cash flows: Year Cash Flow 0 -$100,000 1. 20,000 2.90,000 3. 30,000 4. 60,000 The company has a 10 percent cost ofcapital. What is the project's discounted payback?1.86 years1.67 years2.67 years2.49 years2.33 years

Polk Products is considering an investment project with the following cash flows: Year Cash Flow 0...

70.2K

Verified Solution

Question

Finance

Polk Products is considering an investment project with thefollowing cash flows: Year Cash Flow 0 -$100,000 1. 20,000 2.90,000 3. 30,000 4. 60,000 The company has a 10 percent cost ofcapital. What is the project's discounted payback?
1.86 years
1.67 years
2.67 years
2.49 years
2.33 years

Answer & Explanation Solved by verified expert

Get Answers to Unlimited Questions

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Transcribed Image Text

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