Question: Thanks for the help! 6. Problem 10-02 eBook Problem 10-02 IRR A project has an initial cost of $52,125, expected net cash inflows of $12,000

Thanks for the help! 6. Problem 10-02 eBook Problem 10-02 IRR AThanks for the help!

6. Problem 10-02 eBook Problem 10-02 IRR A project has an initial cost of $52,125, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 12%. What is the project's IRR? Round your answer to two decimal places. %

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