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1. Project L requires an initial outlay at t = 0 of $70,000, its expected cash inflows are $8,000 per year for 9 years, and

1. Project L requires an initial outlay at t = 0 of $70,000, its expected cash inflows are $8,000 per year for 9 years, and its WACC is 9%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

________%

2. Project L requires an initial outlay at t = 0 of $62,000, its expected cash inflows are $9,000 per year for 10 years, and its WACC is 10%. What is the project's payback? Round your answer to two decimal places.

_______years

3. Project L requires an initial outlay at t = 0 of $50,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 12%. What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places.

_______years

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