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A project costs $101,000 today and is expected to generate cash flows of $21,000 per year for the next 15 years. Estimate the IRR of

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A project costs $101,000 today and is expected to generate cash flows of $21,000 per year for the next 15 years. Estimate the IRR of the project. Hint: Calculate I/Y, given PV, PMT, and N. Enter PMT as a negative amount and PV as a positive amount, or vice versa. 12.47 percent 10.10 percent 11.38 percent 19.32 percent

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