Question: 1. The Dry Dock is considering a project with an initial cost of $118,400. The projects cash inflows for years 1 through 3 are $37,200,

1. The Dry Dock is considering a project with an initial cost of $118,400. The projects cash inflows for years 1 through 3 are $37,200, $54,600, and $46,900, respectively. What is the IRR of this project?

please show steps/formulas to calculate using excel

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