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PAYBACK PERIOD Project L costs $65,000, its expected cash inflows are $10,000 per year for 8 years, and its WACC is 11%. What is the
PAYBACK PERIOD
Project L costs $65,000, its expected cash inflows are $10,000 per year for 8 years, and its WACC is 11%. What is the project's payback? Round your answer to two decimal places.
____ years
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Foundations In Personal Finance
Authors: Dave Ramsey
1st Edition
0981683967, 978-0981683966
