Project L requires an initial outioy at 6=0 of $55,000, lts nxpected cash infloms are...

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Project L requires an initial outioy at 6=0 of $55,000, lts nxpected cash infloms are $10,000 per year for 11 years, and its Wacc is 144 . What is the project's payback? Round your snswer to twe decimal places. years

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