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2. Problem 11.02 (IRR) eBook H Problem Walk-Through Project requires an initial outlayat- of $69,420, its expected cash flows are $11,000 per year for 11

2. Problem 11.02 (IRR) eBook H Problem Walk-Through Project requires an initial outlayat- of $69,420, its expected cash flows are $11,000 per year for 11 years, and its WACC is 11%. What is the project's IRA? Round your answer to two decal places

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