Question: Project L requires an initial outlay at t - 0 of $65,000, its expected cash inflows are $15,000 per year for 9 years, and its
Project L requires an initial outlay at t - 0 of $65,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC IS 10%. What is the project's payback? Round your answer to two decimal places, years
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