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1. Project L requires an initial outlay at t = 0 of $62,671, its expected cash inflows are $11,000 per year for 11 years, and

1. Project L requires an initial outlay at t = 0 of $62,671, its expected cash inflows are $11,000 per year for 11 years, and its WACC is 12%. What is the project's IRR? Round your answer to two decimal places.

____%

2. Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 13%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places

_____%

3. Project L requires an initial outlay at t = 0 of $53,000, its expected cash inflows are $11,000 per year for 10 years, and its WACC is 14%. What is the project's payback? Round your answer to two decimal places

_____ years

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