Question
Project L requires an initial outlay at t = 0 of $53,718, its expected cash inflows are $10,000 per year for 8 years, and its
Project L requires an initial outlay at t = 0 of $53,718, its expected cash inflows are $10,000 per year for 8 years, and its WACC is 14%. What is the project's IRR? Round your answer to two decimal places.
Please show work! Will give thumbs up when answer is posted! Thank you.
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Intelligent Investing A Guide To The Practical And Behavioural Aspects Of Investment Strategy
Authors: Guy Fraser-sampson
1st Edition
1349442887, 978-1349442881
