Management of Carla Vista, Inc., as aviation firm, is considering purchasing three aircraft for a total...

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Management of Carla Vista, Inc., as aviation firm, is considering purchasing three aircraft for a total cost of $141,086,007. The company would lease the aircraft to an airline. Required rate of return is 17.90%. Cash flows from the proposed leases are shown in the following table. Years Cash Flow 1-4 $20,465,000 5-7 58,730,000 8-10 75,420,000 What is the IRR of this project? (Do not round discount factors. Round other intermediate calculations to O decimal places e.g. 15 and final answer to 2 decimal places, e.g. 5.25%.) The IRR of this project is % Management of Carla Vista, Inc., as aviation firm, is considering purchasing three aircraft for a total cost of $141,086,007. The company would lease the aircraft to an airline. Required rate of return is 17.90%. Cash flows from the proposed leases are shown in the following table. Years Cash Flow 1-4 $20,465,000 5-7 58,730,000 8-10 75,420,000 What is the IRR of this project? (Do not round discount factors. Round other intermediate calculations to O decimal places e.g. 15 and final answer to 2 decimal places, e.g. 5.25%.) The IRR of this project is %