Question: Refer to Problem 11-1. What is the project's discounted payback? Data from problem 11-1 Project K costs $52,125, its expected cash inflows are $12,000 per

Refer to Problem 11-1. What is the project's discounted payback?

Data from problem 11-1

Project K costs $52,125, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 12%.

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