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Project L requires an initial outlay at t = 0 of $67,120, its expected cash inflows are $12,000 per year for 10 years, and its
Project L requires an initial outlay at t = 0 of $67,120, its expected cash inflows are $12,000 per year for 10 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
