Garvin Enterprises is considering a project that has the following cash flow and WACC data.What is the project's discounted payback? $\begin{array}{lcccc}
\text { WACC: } & 10.00 \% \
\text { Year: } & 0 & 1 & 2 & 3 \
\hline \text { Cash flows: } & -\$ 1,000 & \$ 500 & \$ 500 & \$ 500
\end{array}$
A)2.12 years
B)2.35 years
C)2.59 years
D)2.85 years

Question

Garvin Enterprises is considering a project that has the following cash flow and WACC data.What is the project's discounted payback? $\begin{array}{lcccc}
\text { WACC: } & 10.00 \% \
\text { Year: } & 0 & 1 & 2 & 3 \
\hline  \text { Cash flows: } & -\$ 1,000 & \$ 500 & \$ 500 & \$ 500
\end{array}$
A)2.12 years
B)2.35 years
C)2.59 years
D)2.85 years

Quizplus · Accepted Answer

The Answer of Garvin Enterprises is considering a project that has the following cash flow and WACC data.What is the project's discounted payback? $\begin{array}{lcccc}
\text { WACC: } & 10.00 \% \
\text { Year: } & 0 & 1 & 2 & 3 \
\hline  \text { Cash flows: } & -\$ 1,000 & \$ 500 & \$ 500 & \$ 500
\end{array}$
A)2.12 years
B)2.35 years
C)2.59 years
D)2.85 years

Garvin Enterprises Is Considering a Project That Has the Following