B eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $52,000, its expected cash inflows are $10,000 per year for 10 years, and its WACC is 14%. What is the project's payback? Round your answer to two decimal places. 4.93 years Hide Feedback Incorrect Check My Work 0-foon Key Problem 11.04 (Payback Period) Question 18 of 20 Save Submit Assignment for Grading co search o