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Problem 11.02 (IRR) Check My Work eBook Problem Walk-Through Project L requires an initial outlay at t = 0.of $67,850, its expected cash inflows are

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Problem 11.02 (IRR) Check My Work eBook Problem Walk-Through Project L requires an initial outlay at t = 0.of $67,850, its expected cash inflows are $14,000 per year for 8 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places. % Check My Work

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