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Back to Assignment Attempts Average / 1 5. Problem 11.05 (Discounted Payback) BA eBook 8 Problem Walk-Through Project L requires an initial outlay at t

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Back to Assignment Attempts Average / 1 5. Problem 11.05 (Discounted Payback) BA eBook 8 Problem Walk-Through Project L requires an initial outlay at t = 0 of $70,000, its expected cash inflows are $16,000 per year for 9 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. years Grade it Now Save & Continue Continue without saving

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