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Project L. requires an initial outlay at t - 0 of $60,799, its expected cash Inflows are $11,000 per year for 9 years, and Its

Project L. requires an initial outlay at t - 0 of $60,799, its expected cash Inflows are $11,000 per year for 9 years, and Its WACC I8 1196. What is the project's TAR? Round your answer to two decimal places. %

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