Project L requires an initial outlay at t= 0 of $49,000, Its expected cash Inflows are $14,000 per year for 10 years, and Its WACC is 10%. What is the project's payback? Round your answer to two decimal places. years Project L requires an initial outlay at t= 0 of $60,088, Its expected cash Inflows are $11,000 per year for 8 years, and Its WACC is 14%. What is the project's IRR? Round your answer to two decimal places. % A project has annual cash flows of $5,500 for the next 10 years and then $5,000 each year for the following 10 years. The IRR of this 20-year project is 9.41%. If the firm's WACC is 9%, what is the project's NPV? Do not round Intermediate calculations. Round your answer to the nearest cent