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Project K costs$55000, its expected cash inflows are $13000 per year for 8 years, and its WACC is 7%. What is the project's discounted payback?

Project K costs$55000, its expected cash inflows are $13000 per year for 8 years, and its WACC is 7%. What is the project's discounted payback? Round your answer to two decimal places

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