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Proiect costs $75,000, its expected cash inflows are $9,000 per year for 11 years, and its WACC is 11%. What is the project's payback? DO

Proiect costs $75,000, its expected cash inflows are $9,000 per year for 11 years, and its WACC is 11%. What is the project's payback?

DO NOT COPY FROM CHEGG I NEED A FULL EXPLANATION

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