Question: Problem 1 1 . 0 5 ( Discounted Payback ) Project L requires an initial outlay at t = 0 of $ 7 0 ,
Problem Discounted Payback
Project requires an initial outlay at of $ its expected cash inflows are $ per year for years, and its WACC is What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places.
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