What is the discounted payback period for cash flows

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An investment project has annual cash inflows of $4,500, $3,800, $5,000, and $4,200, for the next four years, respectively. The discount rate is 15 percent.

1) What is the discounted payback period for these cash flows if the initial cost is $5,600?

2) What is the discounted payback period for these cash flows if the initial cost is $7,700?

3) What is the discounted payback period for these cash flows if the intitial cost is $10,700?

Reference no: EM131055026

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