2. Problem 11.02 (IRR) eBook Project L costs $59,519.49, its expected cash inflows are $12,000 per...

80.2K

Verified Solution

Question

Finance

2. Problem 11.02 (IRR) eBook Project L costs $59,519.49, itsexpected cash inflows are $12,000 per year for 11 years, and itsWACC is 9%. What is the project's IRR? Round your answer to twodecimal places. %

Answer & Explanation Solved by verified expert
4.1 Ratings (740 Votes)
Solution The IRR of the    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

2. Problem 11.02 (IRR) eBook Project L costs $59,519.49, itsexpected cash inflows are $12,000 per year for 11 years, and itsWACC is 9%. What is the project's IRR? Round your answer to twodecimal places. %

Other questions asked by students