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Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $502,600. Year 1: 182,800 Year 2:
Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $502,600. Year 1: 182,800 Year 2: 168,500 Year 3: 165,600 Year 4: 148,000 Year 5: 152,300 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: Your Answer: Answer units
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