Question: Question 3 (1 point) Project K costs $51,275, its expected net cash inflows are $13,000 per year for 7 years, and its WACC is 11%.

 Question 3 (1 point) Project K costs $51,275, its expected net

Question 3 (1 point) Project K costs $51,275, its expected net cash inflows are $13,000 per year for 7 years, and its WACC is 11%. What is the project's IRR? 5.64% 10.49% 16.34% 16.81%

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