Stockman plumbing bought new machinery for 4 million. This is expected to result in additional annual cash flows of 930,000 for the next 8 years. The...

Stockman plumbing bought new machinery for 4 million. This is expected to result in additional annual cash flows of 930,000 for the next 8 years. The firm's cost of capital is 15%. What is the discounted payback period for this project? If their acceptance period is 5 years. Will this project be accepted.5.41 years and no7.43 years and no4.67 years and yes4.20 years and yes

Stockman plumbing bought new machinery for 4 million. This is expected to result in additional annual cash flows of 930,000 for the next 8 years. The firm's cost of capital is 15%. What is the...