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(IRR, payback, and calculating a missing cash flow) Mode Publishing is considering building a new printing facility that will involve a large initial outlay and
(IRR, payback, and calculating a missing cash flow) Mode Publishing is considering building a new printing facility that will involve a large initial outlay and then result in a series of positive cash flows for 4 years. The estimated cash flows associated with this project are: . If you know that the project has a regular payback of 2.1 years, what is the project's internal rate of return? If you know that the project has a regular payback of 2.1 years, what is the initial cash outlay of the project? $ million (Round to the nearest whole number.) Data table
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