Internal rate of return: Management of Great Flights, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of $161 million. The company would lease the aircraft to an airline. Cash flows from the proposed leases are shown in the following table. What is the IRR of this project?

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Year Cash Flow 1-4 $23,500,000 5-7 72,000,000 8-10 80,000,000