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Project costs $55,000, its expected cash inflows are $10,000 per year for 10 years, and its WACC IS 9%. What is the project's payback? Round

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Project costs $55,000, its expected cash inflows are $10,000 per year for 10 years, and its WACC IS 9%. What is the project's payback? Round your answer to two decimal places Years Project L costs $54,989.19. Its expected cash inflows are $11,000 per year for 11 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places. %

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