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# Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 (\$102.4 million) \$37.4 million \$33.1 million \$28.4 million \$24.9 million \$17.1 million \$15.

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 (\$102.4 million) \$37.4 million \$33.1 million \$28.4 million \$24.9 million \$17.1 million \$15.9 million

What is the payback period for this stream of cash flows if the discount rate is 16%?

Payback period for this... View the full answer

The way to answer this question is ... View the full answer

Normal payback period = 3.14... View the full answer

Year Cash Flow Discounted Cash Flow Calculations 0 7102.4 7102.4
1 37.4 32.24137931 37.4f[1+16%]&quot;1
2 33.1 2459859203 33.1,&quot;[1+16%]&quot;2
3 28.4 18.19457793 28.4f[1+16%]'\3
4 24.9...

Payback Period Payback period refers to the period of... View the full answer

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