A project has initial cost of 52000 expected net cash
A project has an initial cost of $52,000, expected net cash inflows of $11,000 per year for 8 years, and a cost of capital of 11%. What is the project's payback period? Round your answer to two decimal places.
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a project has an initial cost of 52000 expected net cash inflows of 11000 per year for 8 years and a cost of capital of
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