The Tiffin Barker Corporation is considering introducing a new currency verifier that has the ability to identify counterfeit dollar bills. The required rate of return on this project is 12 percent. What is the IRR on this project if it is expected to produce the following cash flows:

The IRR on this project is

- Data table 0 Initial outlay - $927,917 FCF in year 1 200,000 FCF in year 2 300,000 FCF in year 3 300,000 FCF in year 4 200,000 FCF in year 5 200,000 FCF in year 6 160,000 (Click on the icon located on the top-right corner of the data table above in order to copy its contents into a spreadsheet.) Print Done