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4. 0 0 IRR 5 A project has an initial cost of $55.000, expected net cash inflows of $10,000 per year for 11 years, and

4. 0 0 IRR 5 A project has an initial cost of $55.000, expected net cash inflows of $10,000 per year for 11 years, and a cost of capital of 8%. What is the project's IRRY Round your answer to two decimal places

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