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Project L requires an initial Gutiay at t=0 of $70,000, its expected cash inflows are $16,000 per year for 9 years, and its wacc is

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Project L requires an initial Gutiay at t=0 of $70,000, its expected cash inflows are $16,000 per year for 9 years, and its wacc is 13%. What is the projects discounted payeack? Do not round intermediate calculations. Round your answer to two decimal places, years

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