Project L has a cost of ?$42,000. Its expected net cash inflows are ?$60,000 per year for 8 years. What is the? project's payback? period? If the cost of capital is 10?%, what are the? project's net present value? (NPV) and profitability index? (PI)?
What is the? project's internal rate of return? (IRR)?
What is the? project's payback? period?
The? project's payback period is ____ years.