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Project L requires an initial outlay at t = 0 of $67,928 , its expected...

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Accounting

Project L requires an initial outlay at t = 0 of $67,928 , its expected cash inflows are $12,000 per year for 10 years, and its WACC is 14%. What is the project's IRR? Do not round intermediate calculations. Round your answer to the nearest cent.

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