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Project L requires an initial outlay at t = 0 of $57,889, its expected cash inflows are $9,000 per year for 11 years, an

Posted: Thu May 05, 2022 8:04 am
by answerhappygod
Project L requires an initial outlay at t = 0 of $57,889, its
expected cash inflows are $9,000 per year for 11 years, and its
WACC is 11%. What is the project's IRR? Round your answer to two
decimal places.