Question: Project L requires an initial outlay at t = 0 of $71,772, its expected cash inflows are O $12,000 per year for 10 years, and
Project L requires an initial outlay at t = 0 of $71,772, its expected cash inflows are O $12,000 per year for 10 years, and its WACC is 12%. What is the project's IRR? Round your answer to two decimal places. % O
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