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(IRR calculation) Determine the IRR on the following projects: a. An initial outlay of $9,000 resulting in a free cash flow of $1,838 at the

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(IRR calculation) Determine the IRR on the following projects: a. An initial outlay of $9,000 resulting in a free cash flow of $1,838 at the end of each year for the next 9 years b. An initial outlay of $9,000 resulting in a free cash flow of $2,144 at the end of each year for the next 18 years c. An initial outlay of $9,000 resulting in a free cash flow of $1,152 at the end of each year for the next 13 years d. An initial outlay of $9,000 resulting in a free cash flow of $2,825 at the end of each year for the next 5 years a. What is the IRR of a project with an initial outlay of $9,000 resulting in a free cash flow of $1,838 at the end of each year for the next 9 years? \% (Round to two decimal places.)

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