11.04 (payback period)

11.05 (discounted payback)

1. Problem 11.04 (Payback Period) Project L requires an initial outiay at t=0 of $68,000, its expected cash infiows are $11,000 per year for 10 years, and its WACC is 14%. What is the project's payback? found your answer to two decimal places. years Continue without saving 2. Problem 11.05 (Discounted Payback) Project L requires an inibial outiay at t=0 of $25,000, its expected cash inflows are $5,000 per year for 9 years, and its wacC is 11%. What is the project's discounted payback? Do not round intermediate calculations, Round your answer to two decimal places. years