Question: #5 Project L requires an initial outay at t o 0 of $53,860, its expected cash inflews are $9,000 per year for 11 years, and
#5
Project L requires an initial outay at t o 0 of $53,860, its expected cash inflews are $9,000 per year for 11 years, and its WACC is 1246 . What is the project's taA? Round your answer to two decimal places
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