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Project L costs $70,000, its expected cash inflows are $13,000 per year for 6 years, and its WACC is 9%. What is the project's payback

image text in transcribedProject L costs $70,000, its expected cash inflows are $13,000 per year for 6 years, and its WACC is 9%. What is the project's payback

Project L costs $70,000, its expected cash inflows are $13,000 per year for 6 years, and its WACC is 9%. what is the project's payback? Round your answer to two decimal places years

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