Project k costs 70000 its expected cash inflows are 16000


Discounted payback

Project K costs $70,000, its expected cash inflows are $16,000 per year for 8 years, and its WACC is 13%. What is the project's discounted payback? Round your answer to two decimal places.

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Financial Management: Project k costs 70000 its expected cash inflows are 16000
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