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Discount rate12% Assume the following cash flows on the specified date 1/2/13 $(1,000.00) 9/19/13 $250.0 1/2/

Discount rate12%

Assume the following cash flows on the specified date

1/2/13            $(1,000.00)

9/19/13         $250.0

1/2/                14$250.0

1/2/15                $300.0

1/2/16               $350.0

1/2/17                 $250.0

1/2/18                $250.0

09/19/18           $200.00

Use the correct IRR formula to calculate the IRR of this project

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