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Project K costs $12,000, its expected cash inflows are $2,800 per year for 7 years, and its WACC is 7.00%. What is the project's payback?

Project K costs $12,000, its expected cash inflows are $2,800 per year for 7 years, and its WACC is 7.00%. What is the project's payback? 7.212 years 3.429 years 4.286 years 5.143 years 5.278 years

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