Question: B11-7 (book/static) Question Help 0 (IRR calculation) Determine the internal rate of return on the following project: An initial outlay of $10,000 resulting in a

B11-7 (book/static) Question Help 0 (IRR calculation) Determine the internal rate

B11-7 (book/static) Question Help 0 (IRR calculation) Determine the internal rate of return on the following project: An initial outlay of $10,000 resulting in a cash inflow of $1,993 at the end of each year for the next 10 years. The internal rate of return of the project is 3%. (Round to the nearest whole percent.)

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