Question: Hook n Crook, Inc. has a 2-year project with the following cash flows: I = $1,000, C 1 = +$5480, and C 2 = $-4266.

Hook n Crook, Inc. has a 2-year project with the following cash flows: I = $1,000, C₁ = +$5480, and C₂ = $-4266. Find the value of the LARGEST IRR of this project. Note: If you wish, you may use the calculator to find one of the IRRs, and then use a method given in your class notes to find the other one, so you can determine which one is the largest number. Give the answer as a percent with two decimals; e.g., 23.24 and, as always, do not include symbols in your answer.

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