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Project L roquires an initial outlay at t=0 of $94,454, its expected cash inflows are $14,000 per year for 11 years, and its wacc is

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Project L roquires an initial outlay at t=0 of $94,454, its expected cash inflows are $14,000 per year for 11 years, and its wacc is 13%. What is the projects IRQ? Round vour answer to two decmal places

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