Question: 5. Problem 11.02 (IRR) eBook Problem Walk-Through Project L. requires an initial outlay at two of $81,539, its expected cash inflows are $13,000 per year
5. Problem 11.02 (IRR) eBook Problem Walk-Through Project L. requires an initial outlay at two of $81,539, its expected cash inflows are $13,000 per year for 10 years, and its WACC is 12%. What is the project's IRR? Round your answer to two decimal places
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