ITAP hapter 11 Homework Assignment Score: 60.13% Save Submit Assignment for Grading roblem 11.05 (Discounted Payback) Question 10 of 11 Check My Work eBook Problem Walk-Through Project L requires an initial outlay at t - 0 of $65,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 10%. What is the project's discounted payback? Do not round Intermediate calculations. Round your answer to two decimal places. 31.80 years Ilide Feedback Incorrect Check My Work Problem 11.05 (Discounted Payback) Question 10 of 11