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4. 5 eBook A- 6. Project L costs $60,000, its expected cash inflows are $14,000 per year for 8 years, and its WACC is 13%.

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4. 5 eBook A- 6. Project L costs $60,000, its expected cash inflows are $14,000 per year for 8 years, and its WACC is 13%. What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places. 7. years 9 10

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