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Project L requires an initial outlay at t = 0 of $76,651, its expected cash inflows are $14,000 per year for 8 years, and its
Project L requires an initial outlay at t = 0 of $76,651, its expected cash inflows are $14,000 per year for 8 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places.
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
