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Project L requires an initial outlay at t = 0 of $ 7 3 , 8 9 1 , its expected cash inflows are $

Project L requires an initial outlay at t $= 0$ of $ $73, 891,$ its expected cash inflows are $ $11, 000$ per year for $11$ years, and its WACC is $14 % .$ What is the project's IRR? Round your answer to two decimal places.

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Project L requires an initial outlay at t = 0 of $ 7 3 , 8 9 1 , its expected cash inflows are $

Project L requires an initial outlay at t =0 of $73,891, its expected cash inflows are $11,000 per year for 11 years, and its WACC is 14%. What is the project's IRR? Round your answer to two decimal places.

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Recommended Textbook for

Management And Organisational Behaviour

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Project L requires an initial outlay at t $= 0$ of $ $73, 891,$ its expected cash inflows are $ $11, 000$ per year for $11$ years, and its WACC is $14 % .$ What is the project's IRR? Round your answer to two decimal places.