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eBook Problem Walk-Through Project L. requires an initial outlay at t -0 of $72,251, its expected cash inflows are $12,000 per year for 11 years,

eBook Problem Walk-Through Project L. requires an initial outlay at t -0 of $72,251, its expected cash inflows are $12,000 per year for 11 years, and its WACC is 10%. What is the project's O IRR? Round your answer to two decimal places. % O

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