Question: ( Related to Checkpoint 1 1 , 4 ) ( Calculating IRR ) Determine the IRR on the following project: An initial outlay of $

(Related to Checkpoint 11,4)(Calculating IRR) Determine the IRR on the following project: An initial outlay of $11,000 resulting in a cash inflow of $1,800 at the end of year 1,$5,200 at the end of year 2, and $7,600 at the end of year 3.
This project's IRR is %.(Round to two decimal places.)
( Related to Checkpoint 1 1 , 4 ) ( Calculating

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