Question: Assignment Score: 0.00% Problem 12.02 (IRR) Save Submit Assignment for Grading Question 2 of 11 Check My Work eBook IRR A project has an initial

Assignment Score: 0.00% Problem 12.02 (IRR) Save Submit Assignment for Grading

Assignment Score: 0.00% Problem 12.02 (IRR) Save Submit Assignment for Grading Question 2 of 11 Check My Work eBook IRR A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 10 years, and a cost of capital of 9%. What is the project's IRR? Round your answer to two decimal places. Check My Work 10:30 PM 04/17/20

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