Problem 11-4 Payback period Project L costs $65,000, its expected cash inflows are $13,000 per year for 6 years, and its WACC is 10%. What
Problem 11-4 Payback period
Project L costs $65,000, its expected cash inflows are $13,000 per year for 6 years, and its WACC is 10%. What is the project's payback? Round your answer to two decimal places.
years
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Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
