Question: Question 23 5.5 pts Project Lrequires an initial outlay at t = 0 of $74,000, its expected cash inflows are $16,000 per year for 14

 Question 23 5.5 pts Project Lrequires an initial outlay at t

Question 23 5.5 pts Project Lrequires an initial outlay at t = 0 of $74,000, its expected cash inflows are $16,000 per year for 14 years, and its WACC is 9%. What is the project's IRR? 0 14.94% 022.91% 0 19.26% O 19.92%

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