Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback?
A) 1.88 years
B) 2.09 years
C) 2.29 years
D) 2.52 years
E) 2.78 years

Question

Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback? 
A) 1.88 years 
B) 2.09 years 
C) 2.29 years 
D) 2.52 years 
E) 2.78 years

Quizplus · Accepted Answer

The Answer of Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback? 
A) 1.88 years 
B) 2.09 years 
C) 2.29 years 
D) 2.52 years 
E) 2.78 years