Bell Hound Financial is considering increasing its insurance product offerings they estimate that the project will cost $83,526 to be paid at the inception of the project. They estimate that the project will yield cash flows of $11,656 in 2 years, $28,890 in 8 years, $34,442 in 10 years, and $68,761 in 20 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?

Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals.

Enter percentage answers as a positive percentage % rounded to 2 decimal places. For example 0.123456 should be enter as: 12.35 (##.##)