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An investment project has annual cash inflows of $4,100, $5,000, $6,200, and $5,400, for the next four years, respectively. The discount rate is 14 percent.

What is the discounted payback period for these cash flows if the initial cost is $6,800? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Discounted payback period _____years

What is the discounted payback period for these cash flows if the initial cost is $8,900? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Discounted payback period ____years

What is the discounted payback period for these cash flows if the initial cost is $11,900? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Discounted payback period _____years

Financial Management, Finance

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