K (IRR calculation) Determine the IRR on the following projects: a. An initial outlay of $13,000 resulting in a single free cash flow of $16,814 after 7 years b. An initial outlay of $13,000 resulting in a single free cash flow of $47,252 after 11 years c. An initial outlay of $13,000 resulting in a single free cash flow of $105,678 after 19 years d. An initial outlay of $13,000 resulting in a single free cash flow of $14,161 after 3 years a. What is the IRR of a project with an initial outlay of $13,000 resulting in a single free cash flow of $16,814 after 7 years? 6.94% (Round to two decimal places.)