Question: eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $67,115, its expected cash inflows are $13,000 per year for 9

eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $67,115, its expected cash inflows are $13,000 per year for 9 years, and its WACC is 11%. What is the project's IRR? Round your answer to two decimal places. % eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $14,000 per year for 7 years, and its WACC is 9%. What is the project's payback? Round your answer to two decimal places. years
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