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Score: 0 of 1 pt 7 of 7 (2 complete) HW Score: 28.57%, 2 of 7 pts Problem 9.L03.34 (similar to) Question Help A project

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Score: 0 of 1 pt 7 of 7 (2 complete) HW Score: 28.57%, 2 of 7 pts Problem 9.L03.34 (similar to) Question Help A project with a cost of $85,000 is expected to produce benefits of $13,000 per year for 10 years. Calculate the project's payback period, net present value (NPV). profitability index (PI), and internal rate of return (IRR). Assume a cost of capital of 9%. What is the project's payback period? The projects payback period is years. (Round to two decimal places.) Enter your answer in the answer box and then click Check

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