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oo Project requires an initial outlayott 0 of $53,405, its expected cash inflows are $11,000 per year for 8 years, and its WACC is 9%.

oo Project requires an initial outlayott 0 of $53,405, its expected cash inflows are $11,000 per year for 8 years, and its WACC is 9%. What is the project's TRR? Round your answer to two decimal places

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