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Problem 9.24 Your answer is incorrect. Try again. Management of Great Flights, Inc., an aviation firm, is considering purchasing three aircraft for a total cost
Problem 9.24 Your answer is incorrect. Try again. Management of Great Flights, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of $167,362,039. The company would lease the aircraft to an airline. Cash flows from the proposed leases are shown in the following table. Years Cash Flow 1-4 $22,885,000 -7 80,050,000 8-10 81,140,000 What is the IRR of this project? (Round answer to 2 decimal places, e.g. 15.25%.) 23.00 The IRR of this project is Click if you would like to Show Work for this question: Open Show Work
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