Question: Project L costs $ 4 5 , 4 8 5 . 7 4 , its expected cash inflows are $ 1 1 , 0 0

Project L costs $45,485.74, its expected cash inflows are $11,000 per year for 8 years, and its WACC is 11%. What is the project's IRR? Round your answer to two decimal places.
Project L costs $45,485.74, its expected cash inflows are $11,000 per

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