Question: eBook Problem Walk-Through Project L requires an initial outlay at two of $50,000, its expected cash inflows are $12,000 per year for 9 years, and

 eBook Problem Walk-Through Project L requires an initial outlay at two

eBook Problem Walk-Through Project L requires an initial outlay at two of $50,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 12%. What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places. 5.47 years Hide Feedback Incorrect Check My Work (No more tries available) Olcon Key Problem 11 05 Discounted Payback) Question 10 of 11 Save Submit Assignment for Grading

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