Question: Initial Outlay $50 million Year 1 Year 2 Year 3 Year 4 Year 5 $10 million $20 million $20 million $10 million $5 million The

 Initial Outlay $50 million Year 1 Year 2 Year 3 Year

Initial Outlay $50 million Year 1 Year 2 Year 3 Year 4 Year 5 $10 million $20 million $20 million $10 million $5 million The required rate of return is 15%. What is the IRR of the project? Round to the near hundredth percent. Do not include any unit such as $, %, etc. (i.e. if your answer were-1.23%, type in-1.23 as your answer without %) If there are multiple answers, then type NA

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