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Consider a project in which the initial after-tax investment is $80,000. The predicted after-tax cash for the following 5 years are: Year 1: $15,000 Year

image text in transcribed Consider a project in which the initial after-tax investment is $80,000. The predicted after-tax cash for the following 5 years are: Year 1: $15,000 Year 2: $25,000 Year 3: $35,000 Year 4: $45,000 Year 5: $55,000 What is the IRR of this project? 27.76% 26.16% 23.39% 25.32% 32.98%

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