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Bell Hound Financial is considering increasing its insurance product offerings they estimate that the project will cost $96,782 to be paid at the inception of

Bell Hound Financial is considering increasing its insurance product offerings they estimate that the project will cost $96,782 to be paid at the inception of the project. They estimate that the project will yield cash flows of $16,505 in 2 years, $25,177 in 4 years, $34,288 in 12 years, and $69,239 in 22 years. Find the Internal rate of return for this project assuming interest is compounded annually. For your consideration: How would you do this problem if interest was compounded quarterly?

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