Project l costs 30000 its expected cash inflows are 8000


DISCOUNTED PAYBACK

Project L costs $30,000, its expected cash inflows are $8,000 per year for 8 years, and its WACC is 10%. What is the project's discounted payback? Round your answer to two decimal places.

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Financial Management: Project l costs 30000 its expected cash inflows are 8000
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