Question: Project L requires an initial outlay at t = 0 of $ 6 0 , 2 5 2 , its expected cash inflows are $

Project L requires an initial outlay at t=0 of $60,252, its expected cash inflows are $11,000 per year for 8 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places.
%
 Project L requires an initial outlay at t=0 of $60,252, its

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