Question: 5. Problem 11.05 (Discounted Payback) elek project.couts $50,000, its expected cash inflows are $12,000 per year for a years, and its WACC I 12. What

 5. Problem 11.05 (Discounted Payback) elek project.couts $50,000, its expected cash

5. Problem 11.05 (Discounted Payback) elek project.couts $50,000, its expected cash inflows are $12,000 per year for a years, and its WACC I 12. What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places years

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