eBook 日 Problem Walk-Through Project L requires an initial outlay at t = 0 of $80,895, its expected cash inflows are $13,000 per year for 10 years, and its WACC is 13%. What is the project's IRR Round your answer to two decimal places. %

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter26: Real Options
Section: Chapter Questions
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Problem Walk-Through
Project L requires an initial outlay at t = 0 of $80,895, its expected cash inflows are $13,000 per year for 10 years, and its WACC is 13%. What is the project's IRR
Round your answer to two decimal places.
%
Transcribed Image Text:eBook 日 Problem Walk-Through Project L requires an initial outlay at t = 0 of $80,895, its expected cash inflows are $13,000 per year for 10 years, and its WACC is 13%. What is the project's IRR Round your answer to two decimal places. %
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