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# Final q 11

Question 11

Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $744.700.

Year 1: 180,700

Year 2: 179,900

Year 3: 143,100

Year 4: 188,800

Year 5: 145,700

You excel or finanical calculator

Round answer to two decimal places in percentage form.