Question: Project L requires an initial outlay at t = 0 of $ 7 9 , 2 6 1 , its expected cash inflows are $

Project L requires an initial outlay at t=0 of $79,261, its expected cash inflows are $13,000 per year for 11 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places.
%
 Project L requires an initial outlay at t=0 of $79,261, its

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!