Question: 2. Problem 11.02 Click here to read the eBook: Internal Rate of Return (IRR) IRR Project L costs $56,087.93, its expected cash inflows are $11,000

2. Problem 11.02 Click here to read the eBook: Internal Rate

2. Problem 11.02 Click here to read the eBook: Internal Rate of Return (IRR) IRR Project L costs $56,087.93, its expected cash inflows are $11,000 per year for 11 years, and its WACC is 13%. What is the project's IRR? Round your answer to two decimal places. %

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