Chapter 11 Assignment Assignment: Chapter 11 Assignment Assignment Score: 0.00% Save Submit Assignment for Grading Questions Problem 11.05 Question 4 of 2. Check My Work (5 remaining) 3. 4 5. Click here to read the eBook: Payback Period DISCOUNTED PAYBACK 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? Round your answer to two decimal places. 6. 7. years Check My Work (s remaining) Olcar Key