Project k costs 55000 its expected cash inflows are 13000


Discounted payback

Project K costs $55,000, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 7%. What is the project's discounted payback? Round your answer to two decimal places.

Years

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Financial Management: Project k costs 55000 its expected cash inflows are 13000
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