(IRR calculation) Determine the IRR on the following projects: a. An initial outlay of $12,000 resulting in a free cash flow of $1,948 at the end of each year for the next 11 years b. An initial outlay of $12,000 resulting in a free cash flow of $2,006 at the end of each year for the next 18 years c. An initial outlay of $12,000 resulting in a free cash flow of $1,033 at the end of each year for the next 14 years d. An initial outlay of $12,000 resulting in a free cash flow of $2,833 at the end of each year for the next 5 years .. a. What is the IRR of a project with an initial outlay of $12,000 resulting in a free cash flow of $1,948 at the end of each year for the next 11 years? 1% (Round to two decimal places.) b. What is the IRR of a project with an initial outlay of $12,000 resulting in a free cash flow of $2,006 at the end of each year for the next 18 years? 1% (Round to two decimal places.) c. What is the IRR of a project with an initial outlay of $12,000 resulting in a free cash flow of $1,033 at the end of each year for the next 14 years? 1% (Round to two decimal places.) d. What is the IRR of a project with an initial outlay of $12,000 resulting in a free cash flow of $2,833 at the end of each year for the next 5 years? 1% (Round to two decimal places.)