Project L requires an initial outlay at t = 0 of $60,737, its expected cash inflows are $11,000 per year for 9 years, and its WACC is 12%. What is the project's IRR? Round your answer to two decimal places.

will give thumbs up for right answer

12. Problem 11.02 eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $60,737, its expected cash inflows are $11,000 per year for 9 years, and its WACC is 12%. What is the project's IRR? Round your answer to two decimal places. %