Question: By Work eBook Problem Walk-Through Project requires an initial outlay at t - of $69,000, its expected cash inflows are $14,000 per year for 10
By Work eBook Problem Walk-Through Project requires an initial outlay at t - of $69,000, its expected cash inflows are $14,000 per year for 10 years, and its WACC IS 13%. What is the project's payback? Round your answer to two decimal places. years
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