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DISCOUNTED PAYBACK Project L costs $65,000, its expected cash inflows are $15,000 per year for 8 years, and its WACC is 10%. What is the

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DISCOUNTED PAYBACK Project L costs $65,000, its expected cash inflows are $15,000 per year for 8 years, and its WACC is 10%. What is the project's discounted payback? Round your answer to two decimal places years

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