What is the project payback

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1 a. Project L costs $50,000, its expected cash inflows are $9,000 per year for 8 years, and its WACC is 11%. What is the project's MIRR? Round your answer to two decimal places. Do not round your intermediate calculations.

______ %

b. Project L costs $40,000, its expected cash inflows are $11,000 per year for 10 years, and its WACC is 14%. What is the project's payback? Round your answer to two decimal places.

______years

Reference no: EM131920972

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