Page 111 - BOSC-P Vodafone Apr 2017
P. 111

Payback Period





        Cost of Capital or Hurdle
                 Rate
                10%
                                                                             10% NPV
                                 Year             Cash Flow                                         NPV Values
                                                                              Factors

                                   0                      (50,000)              1.000                      (50,000)
                                   1                       50,000             0.909091                       45,455

                                   2                       50,000             0.826446                       41,322

                                   3                       50,000             0.751315                       37,566

                                   4                       50,000             0.683013                       34,151
                                   5                       50,000             0.620921                       31,046

                                                                                          Sum              139,539

                                                                                           IRR              96.59%

                                                                      Months To Payback                           13
   106   107   108   109   110   111   112   113   114   115   116