Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback? r = 10.00% Year 0 1 2 3 Cash flows −$900 $500 $500 $500 a. 2.52 years b. 2.78 years c. 2.09 years d. 1.88 years e. 2.29 years
Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback? r = 10.00% Year 0 1 2 3 Cash flows −$900 $500 $500 $500 a. 2.52 years b. 2.78 years c. 2.09 years d. 1.88 years e. 2.29 years
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 2PA: Jasmine Manufacturing is considering a project that will require an initial investment of $52,000...
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Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback?
r = | 10.00% | |||
Year | 0 | 1 | 2 | 3 |
Cash flows | −$900 | $500 | $500 | $500 |
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