(Discounted payback period) Sheinhardt Wig Company is considering a project that has the following cash flows: If the project's appropriate discount rate is 9 percent, what is the project's discounted payback period? The project's discounted payback period is nothing years. (Round to two decimal places.)
YEAR PROJECT CASH FLOW
0 -60,000
1 20,000
2 50,000
3 65,000
4 55,000
5 40,000
Get Answers For Free
Most questions answered within 1 hours.