Question: Maxwell Feed & Seed is considering a project that has an initial cash outflow of $7, 100. Expected cash inflows are $2,000 in year 1,

Maxwell Feed & Seed is considering a project that has an initial cash outflow of $7, 100. Expected cash inflows are $2,000 in year 1, $2, 025 in year 2, $2, 050 in year 3, $2, 075 in year 4, and $2, 100 in year 5. What is the project's IRR? Your answer should be between 9.52 and 16.20, rounded to 2 decimal places, with no special characters. ___________

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