Question: < Back to Assignment Attempts: 2. Problem 11.02 Keep the Highest: /1 Click here to read the eBook: Internal Rate of Return (IRR) IRR

< Back to Assignment Attempts: 2. Problem 11.02 Keep the Highest: /1 Click here to read the eBook: Internal Rate of Return (IRR) IRR Project L. costs $48,364.13, its expected cash inflows are $10,000 per year for 11 years, and its WACC is 11%. What is the project's IRR? Round your answer to two decimal places.

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