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Compute the IRR for the following project cash flows: a. An initial outlay of $3,370,346 followed by annual cash flows of $586,490 for the
Compute the IRR for the following project cash flows: a. An initial outlay of $3,370,346 followed by annual cash flows of $586,490 for the next eight years. (Round final answer to 2 decimal places, e.g. 15.25%.) IRR of the project is %. b. An initial investment of $40,140 followed by annual cash flows of $10,670 for the next five years. (Round final answer to 2 decimal places, e.g. 15.25%.) IRR of the project is % c. An initial outlay of $11,689 followed by annual cash flows of $2,980 for the next seven years. (Round final answer to 2 decimal places, e.g. 15.25%.) IRR of the project is do %
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