Question: 10. Problem 10-06 (Discounted Payback) ebook Discounted Payback A project has an int cost of $60,000, expected net cash inflows of $14,000 per year for
10. Problem 10-06 (Discounted Payback) ebook Discounted Payback A project has an int cost of $60,000, expected net cash inflows of $14,000 per year for 7 years, and a cost of capital of 134. What is the project's discounted payback period (Hint: Begin by constructing a timeline.) Do not round Intermediate calculations, Round your answer to two decimal places years
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