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Given an initial investment of $10,000, a hurdle rate of 11% and the following cash flows, find the IRR: (1 point) IRR Calculator: https://irrcalculator.net Year

Given an initial investment of $10,000, a hurdle rate of 11% and the following cash flows, find the IRR: (1 point)

IRR Calculator: https://irrcalculator.net

Year 1 $2,500

Year 2 $2,500

Year 3 $3,000

Year 4 $3,000

Year 5 $3,500

Based on the IRR in question 9, is it worth the $10,000 investment? Why or why not?

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