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Project L requires an initial outlay at t = 0 of $64,425, its expected cash inflows are $11,000 per year for 11 years, and its

Project L requires an initial outlay at t = 0 of $64,425, its expected cash inflows are $11,000 per year for 11 years, and its WACC is 12%. What is the project's IRR? Round your answer to two decimal places.

_______ %

Project L requires an initial outlay at t = 0 of $35,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

_______ %

Project L requires an initial outlay at t = 0 of $75,000, its expected cash inflows are $13,000 per year for 6 years, and its WACC is 13%. What is the project's payback? Round your answer to two decimal places.

_______ years.

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