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2. Problem 11.02 (IRR) Project L requires an initial cutiay at t=0 of $54,881, its expected cash inflows are $10,000 per year for 9 years,

2. Problem 11.02 (IRR) Project L requires an initial cutiay at t=0 of $54,881, its expected cash inflows are $10,000 per year for 9 years, and its WACC is 10%. What is the project's fRR Round your answer to two decimal places

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