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(Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits flows for each of the next
(Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits flows for each of the next four years. The estimated cash flows associated with this project are as follows: constructing a new publishing facility. The project is expected to provide a series of positive cash 1 2 Year Project Cash Flow 0 $820.000 410.000 250.000 4 470.000 (Click on the icon in order to copy its contents into a spreadsheet.) If you know that the project has a regular payback of 2.2 years, what is the project's IRR? The IRR of the project is % (Round to two decimal places.)
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