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OpenDoor Cafe is considering opening a new food court in a major US city. The initial investment is expected to be $11,250,000. The projected cash

image text in transcribed OpenDoor Cafe is considering opening a new food court in a major US city. The initial investment is expected to be $11,250,000. The projected cash flows are $4,250,000 in years one and two, $3,285,000 in year three, $2,535,000 in year four, and $2,685,000 on year five. What is this project's internal rate of return? 17.50% 21.50% 11.25% 8.96%

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