Question
Project L costs $65,000, its expected cash inflows are $14,000 per year for 11 years, and its WACC is 14%. What is the project's payback?
Project L costs $65,000, its expected cash inflows are $14,000 per year for 11 years, and its WACC is 14%. What is the project's payback? Round your answer to two decimal places.
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
