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.

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators