Relationship between market interest rates and stock market

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Reference no: EM132066567

1. What is the relationship between market interest rates and the stock market? What has this relationship to do with the present-value formula?

2. Project L costs $75,000, its expected cash inflows are $11,000 per year for 10 years, and its WACC is 9%. What is the project's payback? Round your answer to two decimal places.

Reference no: EM132066567

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