What is the project payback

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1. Project L costs $40,000, its expected cash inflows are $14,000 per year for 8 years, and its WACC is 11%. What is the project's payback? Round your answer to two decimal places.

2. Project L costs $50,000, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 12%. What is the project's discounted payback? Round your answer to two decimal places.

Reference no: EM132023410

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