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th 11-CBI (Homework - from EOC Problems) ack to Assignment Attempts Average/1 5. Problem 11.05 (Discounted Payback) eBook Problem Walk-Through Project L requires an initial

th 11-CBI (Homework - from EOC Problems) ack to Assignment Attempts Average/1 5. Problem 11.05 (Discounted Payback) eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $65,000, its expected cash inflows are $ 12,000 per year for 9 years, and its WACC is 9%. What is the LI project's discounted payback? Do not round intermediate calculations, Round your answer to two decimal places. years Grade it Now Save & Continue Continue without saving

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