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A- Project L requires an initial outlay at t = 0 of $65,000, its expected cash inflows are $9,000 per year for 9 years, and

A- Project L requires an initial outlay at t = 0 of $65,000, its expected cash inflows are $9,000 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.

B-

Project L requires an initial outlay at t = 0 of $60,000, its expected cash inflows are $13,000 per year for 6 years, and its WACC is 11%. What is the project's payback? Round your answer to two decimal places.

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