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Question 3 of 7 Check My Work (No more tries available) eBook Problem Walk Through Project L requires an initial outlay at t = 0

Question 3 of 7 Check My Work (No more tries available) eBook Problem Walk Through Project L requires an initial outlay at t = 0 of $60,000, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 13%. What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places. years o Tronto Prontem 11:05 Discounted Payback

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