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eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $50,000, its expected cash inflows are $12,000 per year for
eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $50,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 12%. What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places. years 4
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
