Question: ebook Problem Walk-Through Project requires an initial outlay at t=0 of $50,000, its expected cash inflows are $10,000 per year for 10 years, and its

 ebook Problem Walk-Through Project requires an initial outlay at t=0 of

ebook Problem Walk-Through Project requires an initial outlay at t=0 of $50,000, its expected cash inflows are $10,000 per year for 10 years, and its WACC is 13%. What is the project's payback? Round you answer to two decimal places years

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