Question: Project ( L ) requires an initial outiay at ( t=0 ) of ( $ 65,000 ), its expected cash inflows are ( $ 15,000
Project \\( L \\) requires an initial outiay at \\( t=0 \\) of \\( \\$ 65,000 \\), its expected cash inflows are \\( \\$ 15,000 \\) per yeor for 9 years, and its wacc is \10. What is the project's eiscounted paybock? Do not round intermediate calculations. Round your answer to two decimal places. years
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