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Project L requires an initial outlay at t = 0 of $66,834, its expected cash inflows are $12,000 per year for 10 years, and
Project L requires an initial outlay at t = 0 of $66,834, its expected cash inflows are $12,000 per year for 10 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places. %
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
