1) Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company's project. The initial outlay for the project is $498,300. The project will produce the following after tax cash inflows of

Year 1: 163,700

Year 2: 80,100

Year 3: 140,200

Year 4: 156,100

Round to two decimal places in percentage form.

2) Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $741,900.

Year 1: 174,500

Year 2: 130,400

Year 3: 196,100

Year 4: 165,300

Year 5: 181,300

Round to two decimal places in percentage form.

3) Find the modified internal rate of return (MIRR) for the following series of future cash flows if the company is able to reinvest cash flows received from the project at an annual rate of 10.18 percent. The initial outlay is $437,000.

Year 1: $161,700

Year 2: $169,000

Year 3: $134,000

Year 4: $194,100

Year 5: $138,700

Round to two decimal places in percentage form.

4) Tall Trees, Inc. is using the modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows received from the project at an annual rate of 13.63 percent. What is the MIRR of the project if the initial costs are $1,782,800 and the project life is estimated as 5 years? The project will produce the same after cash inflows of 470,800 per year at the end of the year.

Round to two decimal places in percentage form.