Question: Check My Work (4 remaining) Click here to read the eBook: Internal Rate of Return (IRR) IR Project L costs $53,840.00, its expected cash inflows

Check My Work (4 remaining) Click here to read the eBook:

Check My Work (4 remaining) Click here to read the eBook: Internal Rate of Return (IRR) IR Project L costs $53,840.00, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places. %

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