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o Project L requires an initial outlay at t = 0 of $71,680, its expected cash inflows are $14,000 per year for 8 years, and

o Project L requires an initial outlay at t = 0 of $71,680, its expected cash inflows are $14,000 per year for 8 years, and its WACC is 10%. What is the project's IRR? o Round your answer to two decimal places. %

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