Question: Problem Set 2 X Back to Assignment Attempts Keep the Highest / 1 6. Problem 10-02 (IRR) eBook IRR A project has an initial cost

Problem Set 2 X Back to Assignment Attempts Keep the Highest / 1 6. Problem 10-02 (IRR) eBook IRR A project has an initial cost of $55,000, expected net cash inflows of $11,000 per year for 10 years, and a cost of capital of 8%. 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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