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Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of

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Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistic for the project are three and three and a half years, respectively. Time 0 1 2 3 4 5 Cash - 200.000 Iflow 60,000 85.000 53.000 32.000 11,000 Calculate the IRR (The unit is already in percentage. For example, enter 3.50 for 3.50%. Round your answers to 2 decimal places)

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