Home /
Expert Answers /
Finance /
a-project-has-an-initial-cost-of-1800-and-a-cash-flow-of-700-1100-and-900-for-years-1-to-3-res-pa887
(Solved): A project has an initial cost of $1800 and a cash flow of $700, $1100, and $900 for years 1 to 3 res ...
A project has an initial cost of $1800 and a cash flow of $700, $1100, and $900 for years 1 to 3 respectively. The discount rate is 8%. Should the project be accepted or rejected according to discounted paybackif the maximum allowable. Is two years.