Question: Question 4 5 pts A new project proposal involves an initial investment of $10 million, followed by cash flows of 2, 5 and 7 million.

Question 4 5 pts A new project proposal involves an initial

Question 4 5 pts A new project proposal involves an initial investment of $10 million, followed by cash flows of 2, 5 and 7 million. What is the IRR for this project? Enter your answer as a percentage, without the '%' sign, and rounded to 2 decimals. For example, if your answer is 0.05678, enter 5.68

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