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(Related to Checkpoint 11.4) (IRR calculation) What is the internal rate of return for the following project: An initial outlay of $11,500 resulting in a

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(Related to Checkpoint 11.4) (IRR calculation) What is the internal rate of return for the following project: An initial outlay of $11,500 resulting in a single cash inflow of $29,675 in 11 years. The internal rate of return for the project is %. (Round to the nearest whole percent.) (Related to Checkpoint 11.6) (MIRR calculation) Emily's Soccer Mania is considering building a new plant. This project would require an initial cash outlay of $9.5 million and would generate annual cash inflows of $3.8 million per year for years one through four. In year five the project will require an investment outlay of $4.2 million. During years 6 through 10 the project will provide cash inflows of $4.2 million per year. Calculate the project's MIRR, given a discount rate of 10 percent. The MIRR of the project with a discount rate of 10% is %. (Round to two decimal places.)

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