Question: Fack to Assignment Attempts: 0 0 Keep the Highest: 0/1 12. Problem 11.02 (IRR) EE eBook Problem Walk-Through Project L requires an initial outlay at

 Fack to Assignment Attempts: 0 0 Keep the Highest: 0/1 12.

Fack to Assignment Attempts: 0 0 Keep the Highest: 0/1 12. Problem 11.02 (IRR) EE eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $60,945, its expected cash inflows are $11,000 per year for 10 years, and its WACC is 12%. What is the project's IRR? Round your answer to two decimal places. % Grade it Now Save & Continue Continue without saving

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