Question: eBook 11 Problem Walk-Through Project L requires an initial outlay at t = 0 of $62,555, its expected cash inflows are $13,000 per year for
eBook 11 Problem Walk-Through Project L requires an initial outlay at t = 0 of $62,555, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 11%. What is the project's IRR? Round your answer to two decimal places, %
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