Question: Check My Work (3 remaining) eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $62,087, its expected cash inflows are

Check My Work (3 remaining) eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $62,087, its expected cash inflows are $10,000 per year for 11 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places. % Check My Work (3 remaining)
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