Project L requires an initial outlay at t = 0 of $51,000, its expected cash inflows are $8,000 per year for 11 years, and its
Project L requires an initial outlay at t = 0 of $51,000, its expected cash inflows are $8,000 per year for 11 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.
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Authors: Gianni Nicolini, Brenda J. Cude
1st Edition
0367457776, 978-0367457778
