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B. C D N 1 Period 0 3 1 4 2. 5 3 6 4 7 5 8 6 9 7 10 8 11 12

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B. C D N 1 Period 0 3 1 4 2. 5 3 6 4 7 5 8 6 9 7 10 8 11 12 Discount Rate 13 14 Cash Flows (80,400) 15,600 23,200 37,970 15,060 28,030 12,000 5,040 29,340 16% Please see this attached Excel spreadsheet with cash flows from a potential project/ Calculate the internal rate of return of the project assuming a discount rate of 16%. Please report you answer in percentage terms rounded to two decimal places

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