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Search this course Ch 11-CB 1 (Homework - from EOC Problems) Back to Assignment Attempts Average / 1 4. Problem 11.04 (Payback Period) eBook Problem

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Search this course Ch 11-CB 1 (Homework - from EOC Problems) Back to Assignment Attempts Average / 1 4. Problem 11.04 (Payback Period) eBook Problem Walk-Through Project L requires an initial outlay at t -0 of $74,000, its expected cash inflows are $12,000 per year for 10 years, and its WACC is 14%. What is the project's payback Round your answer to two decimal places. Years Grade k Now Save & Continue Continue without saving

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