Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Project L requires an initial outlay at t = 0 of $
65,000, its expected cash inflows are $12,000 per
year for 9 years, and its WACC is 9%. What is
the project's discounted payback? Do not round
intermediate calculations. Round your answer to
two decimal places.
years
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Transcribed Image Text:Project L requires an initial outlay at t = 0 of $ 65,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9%. What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places. years
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