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Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $651,200. Year 1: 124,100 Year 2:

Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $651,200.

Year 1: 124,100

Year 2: 184,200

Year 3: 122,900

Year 4: 146,200

Year 5: 145,000

Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)

You should use Excel or financial calculator.

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