Case $2($Chapter $4-$ P$4\mathrm{.}16)$: Internal Rate of Return

You are evaluating five different investments, all of which involve an upfront outlay of

cash. Each investment will provide a single cash payment back to you in the future.

Details of each investment appear below. Calculate the IRR of each investment. State

your answer to the nearest basis point $($i$.$e$.,$ the nearest one one$-$hundredth of $1\%,$ such

as $3\mathrm{.}76\%.$