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Project L requires an initial outiay at t=0 of $56,000, tts expected cash inflows are $8,000 per year for 9 years, and its wacc is

Project L requires an initial outiay at t=0 of $56,000, tts expected cash inflows are $8,000 per year for 9 years, and its wacc is 10%. What is the projects paybsck? Round ycur answer to two decimal places, vears

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