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Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the companys project. The initial outlay for
Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the companys project. The initial outlay for the project is $416,300. The project will produce the following after-tax cash inflows of Year 1: 150,600 Year 2: 100,200 Year 3: 186,300 Year 4: 164,900 Round the answer to two decimal places in percentage form.
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