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will upvote if correct Save Score: 0 of 1 pt 5 of 9 (9 complete) HW Score: 80.4%, 7.24 of 9 pts X P11-10 (similar

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Save Score: 0 of 1 pt 5 of 9 (9 complete) HW Score: 80.4%, 7.24 of 9 pts X P11-10 (similar to) Question Help (IRR calculation) Jella Cosmetics is considering a project that costs $850,000 and is expected to last for 9 years and produce future cash flows of $160,000 per year. If the appropriate discount rate for this project is 14 percent, what is the project's IRR? The project's IRR is % (Round to two decimal placou.)

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