Blossom Communication Corp. is investing $10,551,700 in new technologies. The company’s management expects significant b
Posted: Fri Jul 01, 2022 7:43 am
Blossom Communication Corp. is investing$10,551,700 in new technologies. The company’s managementexpects significant benefits in the first three years afterinstallation (as can be seen by the following cash flows), andsmaller constant benefits in each of the next four years.
Year1,2,3,4-7. CashFlows $2,440,000 $4,752,000 $4,050,100 $1,266,500
What is the discounted payback period for the project assuming adiscount rate of 10 percent? (Round answer to 2decimal places, e.g. 15.25. If discounted payback period exceedslife of the project, enter 0 for the answer.)
Year1,2,3,4-7. CashFlows $2,440,000 $4,752,000 $4,050,100 $1,266,500
What is the discounted payback period for the project assuming adiscount rate of 10 percent? (Round answer to 2decimal places, e.g. 15.25. If discounted payback period exceedslife of the project, enter 0 for the answer.)