Question: -0 eBook Problem Walk-Through Project L requires an initial outlay at 0 of $49,000, its expected cash inflows are $11,000 per year for 11 years,

 -0 eBook Problem Walk-Through Project L requires an initial outlay at

-0 eBook Problem Walk-Through Project L requires an initial outlay at 0 of $49,000, its expected cash inflows are $11,000 per year for 11 years, and its WACC IS 10%. What is the project's payback? Round your o answer to two decimal places years Hide Feedback Incorrect

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