Compute what is the project discounted payback

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Problem 1: Wilma Wildcat is thinking of purchasing a hot dog stand that has the following cash flow and cost of capital data. What is the project's discounted payback?

Cost of Capital = 9%
Year 0 Cash Flow: -$875
Year 1 Cash Flow: $450
Year 2 Cash Flow: $445
Year 3 Cash Flow: $440
Year 4 Cash Flow: $420

Reference no: EM132745060

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Compute what is the project discounted payback : Wilma Wildcat is thinking of purchasing a hot dog stand that has the following cash flow and cost of capital data. What is the project's discounted payback?
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