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No excel please! If possible! A five-year project requires an investment of -201 and has the following cash flows in years 1 through 5 ,

image text in transcribed No excel please! If possible!

A five-year project requires an investment of -201 and has the following cash flows in years 1 through 5 , respectively (all cash flows in dollars): 103,58 , 298, 175, and 140. Without actually calculating any IRR, what is the maximum possible value any of the real IRRs could have? Give your answer as a ercent with two decimals; e.g., 23.24 (Acceptable error =0.5% )

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