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  3. 2. problem 11.02 (irr) ebook project l costs $59,5

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

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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. %

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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. %

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