What is the project payback

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1. Project L costs $65,000, its expected cash inflows are $10,000 per year for 8 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.

2. Project L costs $60,893.74, its expected cash inflows are $13,000 per year for 10 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places.

Reference no: EM131924283

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