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(Related to Checkpoint 11,4) (IRR calculation) Determine the internal rate of return on the following project: An initial outlay of $10,500 resulting in a cash

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(Related to Checkpoint 11,4) (IRR calculation) Determine the internal rate of return on the following project: An initial outlay of $10,500 resulting in a cash inflow of $1,900 at the end of year 1. $5,200 at the end of year 2, and $7 500 at the end of year 3. This project's internal rato of return is % (Round to two decimal places)

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