Question: eBook 11 Problem Walk-Through Project L requires an initial outlay att 0 of $63,000, Its expected cash inflows are $10,000 per year for 12 years,

 eBook 11 Problem Walk-Through Project L requires an initial outlay att

eBook 11 Problem Walk-Through Project L requires an initial outlay att 0 of $63,000, Its expected cash inflows are $10,000 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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