Question: Back to Assignment Attempts Average / 1 2. Problem 11.02 (IRR) eBook 8 Problem Walk-Through Project L requires an initial outlay at t= 0 of

 Back to Assignment Attempts Average / 1 2. Problem 11.02 (IRR)

Back to Assignment Attempts Average / 1 2. Problem 11.02 (IRR) eBook 8 Problem Walk-Through Project L requires an initial outlay at t= 0 of $57,146, its expected cash inflows are $11,000 per year for 8 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places. % Grade it Now Save & Continue Continue without saving

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