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will upvote Project L requires an initial outiay at t=0 of $54,268, its expected cash inflows are $11,000 per year for 8 years, and its

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Project L requires an initial outiay at t=0 of $54,268, its expected cash inflows are $11,000 per year for 8 years, and its waCC is 12%. What is the project's IRR? Round your answer to two decimal places

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