Q1: Khaled is evaluating an investment opportunity. He is comfortable with the investment risk level of the project. Based on competing investment opportunities, he feels that this investment should earn minimum 5% after tax return. Khaled's initial investment would be US$ 90,000 and he expects a return of the following cash inflows: Find the IRR Year Cash inflow 1 18,000 2 18,000 3 18,000 4 18,000 18,000 5 6 7 18,000 18,000 8 18,000