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Search this course 5 Homework X ignment: Module 5 Homework Assignment Score: 85.00 Save Submit Assignment for Grading estions Problem 11.01 (Payback Period) Question 14

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Search this course 5 Homework X ignment: Module 5 Homework Assignment Score: 85.00 Save Submit Assignment for Grading estions Problem 11.01 (Payback Period) Question 14 of 20 Check My Work (3 remaining) eBook Problem Walk-Through Project requires an initial outlay at t - 0 of $70,000, its expected cash inflows are $11,000 per year for 12 years, and its WACC is 10%. What is the project's payback? Round your answer to two decimal places years Check My Work (3 remaining) Olon Key Question 14 of 20 do Problem 11.01 (Payback Period)

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