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( IRR calculation ) Determine the IRR on the followingprojects: a. An initial outlay of $ 10,000 resulting in a free cash flow of $

(IRR calculation) Determine the IRR on the followingprojects:

a. An initial outlay of $10,000 resulting in a free cash flow of $1,932 at the end of each year for the next 9 years

b. An initial outlay of $10,000 resulting in a free cash flow of $ 2,156 at the end of each year for the next 20 years

c. An initial outlay of $10,000 resulting in a free cash flow of $ 1,182 at the end of each year for the next 15 years

d. An initial outlay of $10,000 resulting in a free cash flow of $2,949 at the end of each year for the next 4 years

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