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Questi eBook H Problem Walk-Through Project L requires an initial outlay at t - 0 of $58,463, its expected cash inflows are $12,000 per year

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Questi eBook H Problem Walk-Through Project L requires an initial outlay at t - 0 of $58,463, its expected cash inflows are $12,000 per year for 8 years, and its 14%. What is the project's IRR? Round your answer to two decimal places. %

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