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

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(IRR calculation) Determine to the nearest percent the IRR on the following projects: a. An initial outlay of $9,000 resulting in a free cash flow of $2,500 at the end of year 1, $5,000 at the end of year 2, and $9,000 at the end of year 3 b. An initial outlay of $9,000 resulting in a free cash flow of $9,000 at the end of year 1, $5,000 at the end of year 2, and $2,500 at the end of year 3 c. An initial outlay of $9,000 resulting in a free cash flow of $2,500 at the end of years 1 through 5 and $5,000 at the end of year 6 a. What is the IRR of a project with an initial outlay of $9,000 resulting in a free cash flow of $2,500 at the end of year 1, $5,000 at the end of year 2, and $9,000 at the end of year 3? % (Round to two decimal places.) b. What is the IRR of a project with an initial outlay of $9,000 resulting in a free cash flow of $9,000 at the end of year 1, $5,000 at the end of year 2, and $2,500 at the end of year 3? 7% (Round to two decimal places.) c. What is the IRR of a project with an initial outlay of $9,000 resulting in a free cash flow of $2,500 at the end of years 1 through 5 and $5,000 at the end of year 6? % (Round to two decimal places.)

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