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

Project L requires an initial outlay at t =0 of $55,000, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 12%.1.What is project L's IRR? Do not round intermediate calculations. Round your answer to the nearest cent.2.What is project L's NPV?Do not round intermediate calculations. Round your answer to the nearest cent.3.What is project L's regular payback? Do not round intermediate calculations.4.What is project L's discounted payback? Do not round intermediate calculations.

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