Question: Question 11 (1 point) Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the companys project.

Question 11 (1 point)

Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the companys project. The initial outlay for the project is $473,700. The project will produce the following after-tax cash inflows of

Year 1: 156,400

Year 2: 120,600

Year 3: 155,700

Year 4: 178,900

Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)

You should use Excel or financial calculator.

Your Answer:Question 11 options:


Answer	units

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