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Project L costs $40,121.71, its expected cash inflows are $9,000 per year for 8 years, and...

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Finance

Project L costs $40,121.71, its expected cash inflows are $9,000per year for 8 years, and its WACC is 11%. What is the project'sIRR? Round your answer to two decimal places.

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Project L costs $40,121.71, its expected cash inflows are $9,000per year for 8 years, and its WACC is 11%. What is the project'sIRR? Round your answer to two decimal places.

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