What is the projects payback
Problem: Project L costs $50,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 11%. What is the project's payback?
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Project L costs $50,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 11%. What is the project's payback?
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