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5. Project A requires an initial outlay at t=0 of $54,000, its expected cash inflows are $20,000 per year for 5 years, and its WACC

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5. Project A requires an initial outlay at t=0 of $54,000, its expected cash inflows are $20,000 per year for 5 years, and its WACC is 12%. a. What is the project's payback? Round your answer to two decimal places. b. What is the project's discounted payback? Round your answer to two decimal places

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