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Project L costs $70,000, its expected cash inflows are $16,000 per year for 8 years, and...

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Finance

Project L costs $70,000, its expected cash inflows are $16,000per year for 8 years, and its WACC is 13%. What is the project'sdiscounted payback? Do not round intermediate calculations. Roundyour answer to two decimal places.

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Solution The discounted payback    See Answer
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Project L costs $70,000, its expected cash inflows are $16,000per year for 8 years, and its WACC is 13%. What is the project'sdiscounted payback? Do not round intermediate calculations. Roundyour answer to two decimal places.

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