In New Venture Creation Entrepreneurship for the 21st Century 10th edition Textbook, Northwest community venture funds case, I need calculation for IRR. The exhibit shows the financial projections of the firm.

EXHIBIT F NCV 10-Year Projections Year I Year 2 Year 3 Year 4 Capital Calls Year 5 Year 6 $1,000,000 $3,000,000 $4,000,000 2,000,000 Year 7 Year 8 Year 9 Year 10 Management Fees 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 s 300,000 s 300,000 600,000 2,800,000 4,000,000 900,000 700,000 Investments Divestments 575,000 800,000 5,500,000 Distributions to Investors 6,400,000 8,500,000 5,500,000 275,000 500,000 5,200,000 Carried Interest 5,460,000 4.650.000 940,000 L150,000 L020,000 850,000 Annual management fees include president, ooo: associate, $70,000, administrative assistant, $40,000 S