Question: The Dry Dock is considering a project with an initial cost of$105,271 and cash inflows for Years 1 to 3 of $37,200, $54,600, and$46,900, respectively.

The Dry Dock is considering a project with an initial cost of$105,271 and cash inflows for Years 1 to 3 of $37,200, $54,600, and$46,900, respectively. What is the IRR? (Do not round intermediatecal 2 answers

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