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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
3.7 Ratings (387 Votes)
Solution The projects Discounted Payback    See Answer
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Transcribed Image Text

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

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