Project L requires an initial outlay at t = 0 of $40,000, its expected cash inflows are $11,000 per year for 9 years, and its WACC is 11%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.

Project L requires an initial outlay at t = 0 of $62,446, its expected cash inflows are $10,000 per year for 11 years, and its WACC is 14%. What is the project's IRR? Round your answer to two decimal places.

Project L requires an initial outlay at t = 0 of $68,000, its expected cash inflows are $13,000 per year for 9 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.

years