Risky Business is looking at a project with the estimated cash flows as follows: Initial Investment at start of project: $3,600,000 Cash Flow at end of year one: $500,000 Cash Flow at end of years two through six: $625,000 each year Cash Flow at end of years seven through nine: $530,000 each year Cash Flow at end of year ten: $385,000 Risky Business uses a discount rate of 14%. What is the IRR of this project? 9.101 7.642 9.335 9.721 9.030

Risky Business is looking at a project with the estimated cash flows as follows: Initial Investment at start of project: $3,600,000 Cash Flow at end of year one: $500,000 Cash Flow at end of years two through six: $625,000 each year Cash Flow at end of years seven through nine: $530,000 each year Cash Flow at end of year ten: $385,000 Risky Business uses a discount rate of 14%. What is the IRR of this project? 9.101 7.642 9.335 9.721 9.030