Question: n eBook 1 Problem Walk-Through Project L requires an initial outlay at t = 0 of $66,785, Its expected cash inflows are $11,000 per year

eBook 1 Problem Walk-Through Project L requires an initial outlay at t = 0 of $66,785, Its expected cash inflows are $11,000 per year for 11 years, and its WACC is 13%. What is the project's IRR? Round your answer to two decimal places. %

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