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( IRR calculation ) Determine the IRR on the following projects: a . An initial outlay of $ 1 1 , 0 0 0 resulting

(IRR calculation) Determine the IRR on the following projects:
a. An initial outlay of $11,000 resulting in a single free cash flow of $16,513 after 9 years
b. An initial outlay of $11,000 resulting in a single free cash flow of $49,907 after 12 years
c. An initial outlay of $11,000 resulting in a single free cash flow of $111,598 after 25 years
d. An initial outlay of $11,000 resulting in a single free cash flow of $13,784 after 2 years
a. What is the IRR of a project with an initial outlay of $11,000 resulting in a single free cash flow of $16,513 after 9 years?
%(Round to two decimal places.)
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