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Frye Foods is considering a project that has the following cash flow data. What is the project's IRR? Enter your answer rounded to two decimal

Frye Foods is considering a project that has the following cash flow

data. What is the project's IRR? Enter your answer rounded to two

decimal places. Do not enter % in the answer box. For example, if

your answer is 0.12345 or 12.345% then enter as 12.35 in the

answer box.

Year:

0

1

2

3

4

5

Cash flows:

-$850

$325

$325

$325

$325

$325

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