Question: Determine the IRR on the following projects: a. An initial outlay of $ 10,000 resulting in a free cash flow of $ 1,993 at the

Determine the IRR on the following projects:
a. An initial outlay of $ 10,000 resulting in a free cash flow of $ 1,993 at the end of each year for the next 10 years
b. An initial outlay of $ 10,000 resulting in a free cash flow of $ 2,054 at the end of each year for the next 20 years
c. An initial outlay of $ 10,000 resulting in a free cash flow of $ 1,193 at the end of each year for the next 12 years
d. An initial outlay of $ 10,000 resulting in a free cash flow of $ 2,843 at the end of each year for the next 5 years

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