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B eBook 2 7.67 years 0 Problem Walk-Through Check My Work Project L requires an initial outlay at t 0 of $69,000, its expected

B eBook 2 7.67 years 0 Problem Walk-Through Check My Work Project L requires an initial outlay at t 0 of $69,000, its expected cash inflows are $8,000 per year for 9 years, and its WACC is 11%. What is the project's payback? Round your answer to two decimal places. Hide Feedback Incorrect 0

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