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Project Y has an initial cost of $30,988, and its expected net cash inflows are $10,750 per year for 5 years. The firm has a
Project Y has an initial cost of $30,988, and its expected net cash inflows are $10,750 per year for 5 years. The firm has a WACC of 11 percent, and Project Ys risk would be similar to that of the firms existing assets. What is Project Ys payback period?
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