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. st P11-13 (similar to) Question Help (Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the

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. st P11-13 (similar to) Question Help (Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows: Year Project Cash Flow 0 $810,000 390,000 270,000 510,000 If you know that the project has a regular payback of 2.3 years, what is the project's IRR? The IRR of the project is %. (Round to two decimal places.) 1 2 3 4

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