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Project L requires an initial outiay at t=0 of $45,000, its expected cash infows are $13,000 per year for 6 years, and its WACC is

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Project L requires an initial outiay at t=0 of $45,000, its expected cash infows are $13,000 per year for 6 years, and its WACC is 10%. What is th project's payback? Round your answer to two decimal places. (3) years

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