Question: #B eBook Problem Walk-Through Project L requires an initial outlay at t 0 of $47,000, its expected cash inflows are $11,000 per year for 11
#B eBook Problem Walk-Through Project L requires an initial outlay at t 0 of $47,000, its expected cash inflows are $11,000 per year for 11 years, and its WACC is 10%. What is the project's payback? Round your answer to two decimal places. years Grade it Now Save & Co
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