The Initial Outlay or Cost for a Four-Year Project Is

question 40

Multiple Choice

The initial outlay or cost for a four-year project is $1,100,000.The respective cash inflows for years 1,2,3 and 4 are: $500,000,$300,000,$300,000 and $300,000.What is the discounted payback period if the discount rate is 10%?

• A)About 2.67 years
• B)About 3.35 years
• C)About 3.84 years
• D)About 3.98 years

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Definitions:

Due Date

The specific day by which a task is to be completed or a payment is to be made.