Question: ebook Problem Walk-Through Project L requires an initial outlay at t -0 of $76,721, its expected cash inflows are $12,000 per year for 9 years,

 ebook Problem Walk-Through Project L requires an initial outlay at t

ebook Problem Walk-Through Project L requires an initial outlay at t -0 of $76,721, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9% What is the project's IAR? Round your answer to two decimal places

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