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Project L requires an initial outlay at t = 0 of $49,878, its expected cash inflows are $10,000 per year for 8 years, and its
Project L requires an initial outlay at t = 0 of $49,878, its expected cash inflows are $10,000 per year for 8 years, and its WACC is 10%. What is the project's IRR?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
