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  3. 1.project k costs $50,000, its expected cash inflo

1.Project K costs $50,000, its expected cash inflows are $12,000 per year for 7 years,...

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Finance

1.Project K costs $50,000, its expected cash inflows are $12,000 per year for 7 years, and its WACC is 11%. What is the projects payback?

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