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(IRR calculation) Determine the IRR on the following projects: a. An initial outlay of $12,000 resulting in a free cash flow of $1,943 at the

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(IRR calculation) Determine the IRR on the following projects: a. An initial outlay of $12,000 resulting in a free cash flow of $1,943 at the end of each year for the next 10 years b. An initial outlay of $12,000 resulting in a free cash flow of $2,098 at the end of each year for the next 19 years c. An initial outlay of $12,000 resulting in a free cash flow of $1,134 at the end of each year for the next 15 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 4 years a. What is the IRR of a project with an initial outlay of $12,000 resulting in a free cash flow of $1,943 at the end of each year for the next 10 years? % (Round to two decimal places.)

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