home / study / business / accounting / accounting questions and answers / quick sale real estate company is planning to invest in a new development. the cost of the ... Question: Quick Sale Real Estate Company is planning to invest in a new development. The cost of the projec... (6 bookmarks) Quick Sale Real Estate Company is planning to invest in a new development. The cost of the project will be $23 million and is expected to generate cash flows of $14,000,000, $11,750,000, and $6,350,000 over the next three years. The company's cost of capital is 20 percent. What is the internal rate of return on this project? (Round to the nearest percent.)