Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. project l costs $35,000, its expected cash inflows

Project L costs $35,000, its expected cash inflows are $10,000 per year for 8 years, and...

60.2K

Verified Solution

Question

Finance

Project L costs $35,000, its expected cash inflows are $10,000per year for 8 years, and its WACC is 9%. What is the project'sdiscounted payback? Do not round intermediate calculations. Roundyour answer to two decimal places.

  years:

Answer & Explanation Solved by verified expert
4.3 Ratings (665 Votes)
Projects Discounted Payback Period Year Cash Flows Present Value Factor at 9 Discounted Cash Flow Cumulative net discounted    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Project L costs $35,000, its expected cash inflows are $10,000per year for 8 years, and its WACC is 9%. What is the project'sdiscounted payback? Do not round intermediate calculations. Roundyour answer to two decimal places.  years:

Other questions asked by students

Q

3.c Compare and contrast the interference fringe patterns of a Fabry-Perot interferometer and aMichelson interferometer, with...

Physics
Q

For photoelectric effect in sodium the figure shows the plot of cut off voltage versus...

Physics
Q

9 The ages in years and weights in pounds of all wide receivers for a...

Statistics
Q

6 Shayna completes of a project in of an hour How many hours will it...

Algebra
Q

7. The following totals for the month of June were taken from the payroll...

Accounting
Q

Master Corporation acquired 80 percent ownership of Stanley Wood Products Company on January 1, 20X1,...

Accounting
Q

assumptions: (1) The cost of debt is less than cost of equity. (ii) The debt...

Accounting
Q

The machining division of Cullumber International has a capacity of 2,000 units. Its sales and...

Accounting
Q

AC 330 ON, Accounting Information Systems Chapter 9, Homework Control Goals aligned with Control Plans...

Accounting
Q

NEED RESPONSE IN 15 MIN On aug 15 techcom has 100 of credit card saled...

Accounting
Q

02 P6-2A. Inventory Costing Methods for its merchandise inventory. The April 1 inventory for one...

Accounting
Q

The internal auditors should assist the audit committee in

Accounting