Question: . Check My Work (3 remaining) ni o 3. eBook 4. . Problem Walk-Through Project L requires an initial outlay at t = 0 of
. Check My Work (3 remaining) ni o 3. eBook 4. . Problem Walk-Through Project L requires an initial outlay at t = 0 of $61,932, its expected cash inflows are $12,000 per year for 9 years, and its WACC IS 13%. What is the project's IRR? Round your answer to two decimal places % 5. 6. 0 7. 8 9. . 10
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