Project l costs 65000 its expected cash inflows are 10000


1. Project L costs $65,000, its expected cash inflows are $10,000 per year for 8 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.

2. Project L costs $60,893.74, its expected cash inflows are $13,000 per year for 10 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places.

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Financial Management: Project l costs 65000 its expected cash inflows are 10000
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