Project L requires an initial outlay at t = 0 of $66,361, its expected cash inflows are $11,000 per year for 11 years, a
Posted: Fri Jul 01, 2022 7:50 am
Project L requires an initial outlay at t = 0 of $66,361, itsexpected cash inflows are $11,000 per year for 11 years, and itsWACC is 13%. What is the project's IRR? Round your answer to twodecimal places.