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Project L costs $60,000, its expected cash inflows are $11,000 per year for 9 years, and its WACC IS 11%. What is the project's payback?

Project L costs $60,000, its expected cash inflows are $11,000 per year for 9 years, and its WACC IS 11%. What is the project's payback? Round your answer to two decimal places years

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