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Consider the same project as the previous problem, with an initial outlay of $100,000 and annual cash flows as follows: Year 1 - $25,000 Year

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Consider the same project as the previous problem, with an initial outlay of $100,000 and annual cash flows as follows: Year 1 - $25,000 Year 2 - $30,000 Year 3 - $35,000 Year 4 - $40,000 Calculate the Internal Rate of Return (IRR) for the project. 9.75% 11.17% 10.49% 10.23%

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