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Project L requires an initial outlay at t = 0 of $25,000, its expected cash inflows...

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Finance

Project L requires an initial outlay at t = 0 of $25,000, itsexpected cash inflows are $5,000 per year for 9 years, and its WACCis 11%. What is the project's discounted payback? Do not roundintermediate calculations. Round your answer to two decimalplaces.

  years

Answer & Explanation Solved by verified expert
3.8 Ratings (533 Votes)
Present value of year 1 cash flow 5000 1 0111 45045045 Present value of year 2 cash flow 5000 1 0112 40581122 Present value of year 3 cash flow 5000 1 0113 36559569 Present value of year 4 cash flow 5000 1 0114    See Answer
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Project L requires an initial outlay at t = 0 of $25,000, itsexpected cash inflows are $5,000 per year for 9 years, and its WACCis 11%. What is the project's discounted payback? Do not roundintermediate calculations. Round your answer to two decimalplaces.  years

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