• Calculate the internal rate of return for an investment project at ABC Corporation using the following data:

  Initial Investment ($)	Cash Flows ($)
  $100,000	$20,000
  	$30,000
  	$40,000
  	$50,000
  	$60,000

  Requirements:

  • Determine the internal rate of return for the investment project.
  • Present the calculation in a detailed table format.
  • Discuss the significance of IRR in investment analysis.