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Problem 11-4 Payback period Project L costs $75,000, its expected cash inflows are $14,000 per year...

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Finance

Problem 11-4 Payback period Project L costs $75,000, itsexpected cash inflows are $14,000 per year for 7 years, and itsWACC is 14%. What is the project's payback? Round your answer totwo decimal places. years

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Payback 536 yearsPayback Year in which Cumulative    See Answer
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Problem 11-4 Payback period Project L costs $75,000, itsexpected cash inflows are $14,000 per year for 7 years, and itsWACC is 14%. What is the project's payback? Round your answer totwo decimal places. years

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