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Score: 0 of 1 pt 5 of 9 (3 complete) HW Score: 0%, 0 of 9 X P11-10 (similar to) Question Help (IRR calculation) Jella

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Score: 0 of 1 pt 5 of 9 (3 complete) HW Score: 0%, 0 of 9 X P11-10 (similar to) Question Help (IRR calculation) Jella Cosmetics is considering a project that costs $750,000 and is expected to last for 8 years and produce future cash flows of $200,000 per year. If the appropriate discount rate for this project is 20 percent, what is the project's IRR? The project's IRR is %. (Round to two decimal places.)

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