Question: Consider a project that will cost $80,000 this year and is forecasted to earn $135,000 in lump-sum profit after 4 years. What's this project's IRR?

Consider a project that will cost $80,000 this year and is forecasted to earn $135,000 in lump-sum profit after 4 years. What's this project's IRR? Answer in percent, rounded to one decimal place.

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