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    NEW QUESTION: 1
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    B. 4.36 years
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    D. 3.84 years
    Answer: B
    Explanation:
    Explanation/Reference:
    Explanation:
    The discounted payback period is defined as the expected number of years that would be required to recover the original investment using discounted cash flows. The discounted cash flow at the end of year N is obtained by dividing that year's cash flow by 1.08

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      Related Posts
      N, since the project's cost of capital is 8%. Using this, the discounted cash flows are: $926, $514, $238, $882 and $953. Recovery occurs in the 5th year. At the beginning of the 5th year, the outstanding balance equals 2,900-926-514-238-882 = $340. Therefore, the discounted payback period = 4 + 340/953 = 4.36 years.

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      A. The negotiation result of the consultation meeting
      B. Customer requirements
      C. Supervision instructions
      D. Contract Engineering Interface
      Answer: D

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