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eBook Problem Walk-Through Project L requires an initial outlay at t 0 of $56,716, its expected cash inflows are $10,000 per year for 10 years,

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eBook Problem Walk-Through Project L requires an initial outlay at t 0 of $56,716, its expected cash inflows are $10,000 per year for 10 years, and its WACC is 13%. What is the project's IRR? Round your answer to two decimal places 9% - Check My Works remaining)

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