What is the project payback period

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Question: A project has an initial cost of $45,000.00, expected net cash inflows of $9,900.00 per year for 11 years, and a cost of capital of 12.25%. What is the project's payback period? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132058337

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