Question: Check My Work (3 remaining) c eBook Problem Walk-Through Project L requires an initial outlay at t - 0 of $63,907, its expected cash inflows
Check My Work (3 remaining) c eBook Problem Walk-Through Project L requires an initial outlay at t - 0 of $63,907, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 13%. What is the project's IRR? Round your answer to two decimal places. % o
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