Question: (IRR, payback, and calculating a missing cash flow) Mode Publishing is considering building a new printing facility that will involve a large initial outlay and

 (IRR, payback, and calculating a missing cash flow) Mode Publishing is

(IRR, payback, and calculating a missing cash flow) Mode Publishing is considering building a new printing facility that will involve a large initial outlay and then result in a series of positive free cash flows for 4 years. The estimated cash flows associated with this project are: If you know that the project has a regular payback of 2.9 years, what is the initial cash outlay of the project? (in millions, round to the nearest whole number.) Question 4 What is the project's internal rate of return \%? (Round to two decimal places.)

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