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Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $11,000 per year for 9 years, and its

Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $11,000 per year for 9 years, and its WACC is 8%. What is the project's discounted payback? A) 5.15582954 Years B). 5.16723844 Years C) 5.154799954 Years D. 5.153325013 Years

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