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decimal places. years Project L requires an initial outlay at t decimal places. years O of $64,000, its expected cash inflows are $14,000 per year

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decimal places. years

Project L requires an initial outlay at t decimal places. years O of $64,000, its expected cash inflows are $14,000 per year for 8 years, and its WACC is 11%. What is the project's payback? Round your answer to two

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