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10 points Save Answer Calculate the IRR of the following cash flows: In year you pay out $62 in yeart1 there is no inflow or

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10 points Save Answer Calculate the IRR of the following cash flows: In year you pay out $62 in yeart1 there is no inflow or outflow (cash flow is zerol) and in yeart 2. you get an inflow of $85. Hint: draw a cash flow diagram first. Answer as a percent to the nearest hundredth as in xx xx and recall that rates need to be accurate to four places to end up with two place accuracy for a percent

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