Question: c Problem Walk-Through Project L requires an initial outlay att- of $73,000, its expected cash inflows are $8,000 per year for 12 years, and its

c
c Problem Walk-Through Project L requires an initial outlay att- of $73,000,

Problem Walk-Through Project L requires an initial outlay att- of $73,000, its expected cash inflows are $8,000 per year for 12 years, and its WACC is 10%. What is the project's payback? Round your answer to two decimal places years

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