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Project L costs $35,000, its expected cash inflows are $10,000 per year for 8 years, and...

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Finance

Project L costs $35,000, its expected cash inflows are $10,000per year for 8 years, and its WACC is 9%. What is the project'sdiscounted payback? Do not round intermediate calculations. Roundyour answer to two decimal places.

  years:

Answer & Explanation Solved by verified expert
4.3 Ratings (665 Votes)
Projects Discounted Payback Period Year Cash Flows Present Value Factor at 9 Discounted Cash Flow Cumulative net discounted    See Answer
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Project L costs $35,000, its expected cash inflows are $10,000per year for 8 years, and its WACC is 9%. What is the project'sdiscounted payback? Do not round intermediate calculations. Roundyour answer to two decimal places.  years:

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