Question
Project L requires an initial outlay at t = 0 of $51,533, its expected cash inflows are $10,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $51,533, its expected cash inflows are $10,000 per year for 9 years, and its WACC is 13%. What is the project's IRR? Round your answer to two decimal places.
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
7th Edition
0324171730, 978-0324171730
