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Project L costs $70,000, its expected cash inflows are $14,000 per year for 12 yess, and its WACC is 12%. What is the project's paryback?

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Project L costs $70,000, its expected cash inflows are $14,000 per year for 12 yess, and its WACC is 12%. What is the project's paryback? Round your answer to two decimal places. years

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