DI Question 8 2 pts Wk3Hw_IRR5 Estimate the Internal Rate of Return (IRR) using the following information. - 150 55 Initial Cash Outflow Net Year 1 Net Year 2 Net Year 3 75 95 NPV=InitialCash Flow+(Year 1 NetCashFlow/(1+rate)^1)+ (Year2NetCashFlow/(1+rate)^2)+(Year 1NetCashFlow/(1+rate)^3)..... note that ^ is the spreadsheet notation for "to the power of" and the number used matches the year of the cashflow (e.g.^1,^2,^3,^4,^5) Between 16% and 17% Between 19% and 20% Between 21% and 22%