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Calculate the IRR for the cash flow. Year Fishing Deepwater 0 965,000 1 385,000 522,000 435,000 2 3 New Submarine Ride 1,880,000 930.000 815,000 780,000

Calculate the IRR for the cash flow. 

  

Year Fishing Deepwater 0 965,000 1 385,000 522,000 435,000 2 3 New Submarine Ride 1,880,000 930.000 815,000 780,000 8-1. Compute the IRR for both projects (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places. e.g.. 32.16.) Deepwater Fishing Submarine Ride 18.06 96 16.91 96

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