Question: eBook Problem Walk - Through Project L requires an initial outlay at t = 0 of $ 5 5 , 1 5 7 , its

eBook
Problem Walk-Through
Project L requires an initial outlay at t=0 of $55,157, its expected cash inflows are $9,000 per year for 11 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places.
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eBook Problem Walk - Through Project L requires

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