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Project L costs $40,000, its expected cash inflows are $9,000 per year for 8 years, and its wacc is 1196 . What is the project's

Project L costs $40,000, its expected cash inflows are $9,000 per year for 8 years, and its wacc is 1196 . What is the project's discouesed payback? Do not round interinediate caiculations. Round your answer to two decimel places. years

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