Question: Project L requires an initial outlay at t = 0 of $77,449, its expected cash inflows are $14,000 per year for 9 years, and its

Project L requires an initial outlay at t = 0 of $77,449, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 14%. What is the project's IRR? Round your answer to two decimal places. %
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
