Question: Attempts Keep the Highest/1 4. Problem 11.04 (Payback Period) ED ebook Problem Walk-Through Project requires an initial outlayatt- of $53,000, its expected cash inflows are
Attempts Keep the Highest/1 4. Problem 11.04 (Payback Period) ED ebook Problem Walk-Through Project requires an initial outlayatt- of $53,000, its expected cash inflows are $8,000 per year for 9 years, and its WACC IS 9%. What is the project's payback Round your answer to two decimal places years
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