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What is this project's IRR? Answer in percent, rounded to one decimal place. (e.g., 19.23% = 19.2) Outflow: $55,000 today Inflow: Single inflow of $115,000

What is this project's IRR? Answer in percent, rounded to one decimal place. (e.g., 19.23% = 19.2)

  • Outflow: $55,000 today
  • Inflow: Single inflow of $115,000 in 5 years
  • Cost of capital (discount rate) of 8%

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