Question
Payback period Project L costs $70,000, its expected cash inflows are $12,000 per year for 11 years, and its WACC is 13%. What is the
Payback period
Project L costs $70,000, its expected cash inflows are $12,000 per year for 11 years, and its WACC is 13%. What is the project's payback? Round your answer to two decimal places.
__________ years
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
