Question: Back to Assignment Attempts: Keep the Highest: 11 4. Problem 11.04 Click here to read the eBook: Payback Period PAYBACK PERIOD Project L costs $65,000,

Back to Assignment Attempts: Keep the Highest: 11 4. Problem 11.04 Click here to read the eBook: Payback Period PAYBACK PERIOD Project L

Back to Assignment Attempts: Keep the Highest: 11 4. Problem 11.04 Click here to read the eBook: Payback Period PAYBACK PERIOD Project L costs $65,000, its expected cash inflows are $15,000 per year for 6 years, and its WACC is 14%. What is the project's payback? Round your answer to two decimal places. years Grade it Now Save & Continue

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