Question: Check My Work (3 remaining) eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $52,000, its expected cash inflows are

Check My Work (3 remaining) eBook Problem Walk-Through Project L requires

Check My Work (3 remaining) eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $52,000, its expected cash inflows are $9,000 per year for 8 years, and its WACC is 14%. What is the project's payback? Round your answer to two decimal places. years Check My Work (3 remaining) 0=Icon Key

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