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A colleague asks for your help in finding the discount rate where the NPV=0 for a set of cash flows. You quickly recall that this

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A colleague asks for your help in finding the discount rate where the NPV=0 for a set of cash flows. You quickly recall that this is the IRR for a project. Answer in %, rounding to 2 decimals. Year 0 cash flow = -118,000 Year 1 cash flow = 38,000 Year 2 cash flow = 44,000 Year 3 cash flow = 42,000 Year 4 cash flow = 41,000 I Answer: Check

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