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7 Initial Outlay $50 million Year 1 $10 million Year 2 $20 million Year 3 $20 million Year 4 $10 million Year 5 $5 million
7 Initial Outlay $50 million Year 1 $10 million Year 2 $20 million Year 3 $20 million Year 4 $10 million Year 5 $5 million The required rate of return is 15%. What is the IRR of the project? Round to the near hundredth percent. Do not include any unit such as $,%, etc. (i.e. if your answer were -1.23%, type in -1.23 as your answer without %) If there are multiple answers, then type NA
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