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Deep Waters, Inc is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company's project. The initial outlay for
Deep Waters, Inc is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company's project. The initial outlay for the project is $307,000. The project will produce the following after-tax cash inflows of
Year 1: 142,300
Year 2: 126,800
Year 3: 133,200
Year 4 198,700
Round the anser to two decimal places in percentage form.
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