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project L requires an initial outlay at t=0 of $67,000, its expected cash inflows are $10,000 per year for 11 years, and its WACC is

project L requires an initial outlay at t=0 of $67,000, its expected cash inflows are $10,000 per year for 11 years, and its WACC is 12%. What is the project's payback? round answer to 2 decimal places.

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