Problem 10 05 Payback A project has an initial cost of $50,475 , expected net cash inflows of $10,000 per year for 9 years, and a cost of capital of 13 What is the project's payback period Round your answer to two decimal places years Payback A project has an initial cost of $50,475, expected net cash inflows of $10,000 per year for 9 years, and a cost of capital of 13 What is the project's payback period Round your answer to two decimal places years

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Question: Problem 10-05 Payback A project has an initial cost of $50,475 , expected net cash inflows of $10,000 per year for 9 years, and a

Problem 10-05\ Payback\ A project has an initial cost of

$50,475

, expected net cash inflows of

$10,000

per year for 9 years, and a cost of capital of

13%

. What is the project's payback period? Round your answer to two decimal places.\ years

$Problem 10-05\ Payback\ A project has an initial cost of $50,475,$

Payback A project has an initial cost of $50,475, expected net cash inflows of $10,000 per year for 9 years, and a cost of capital of 13%. What is the project's payback period? Round your answer to two decimal places. years

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