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eBook Problem Walk-Through Project L requires an initial outlay at t- of $66,351, its expected cash inflows are $12,000 per year for 10 years, and

eBook Problem Walk-Through Project L requires an initial outlay at t- of $66,351, its expected cash inflows are $12,000 per year for 10 years, and its WACC is 12%. What is the project's IRR? Round your answer to two decimal places

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