An investment project has annual cash flows of $4,200, $5,300, $6,100 and $7,400, and a discount rate of 14%. What is the discount payback period for these cash flows if the initial cost is $7,000? What if the initial cost is $10,000? What if it is $13,000?

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Question:

An investment project has annual cash flows of $4,200, $5,300, $6,100 and $7,400, and a

discount rate of 14%. What is the discount payback period for these cash flows if the initial cost...