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Project L requires an instiat outlay at t=0 of $75,159, its expected cash inflows are $14,000 per year for 8 years, and its WACC is

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Project L requires an instiat outlay at t=0 of $75,159, its expected cash inflows are $14,000 per year for 8 years, and its WACC is 10%. What is the project's 1 RR? fround your answer to two decimal places

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