Question: This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. Do
This set of problems is designed to be calculated using theExcel or financial calculator.Do not use financial tables to calculate these problems.Do not usealgebraic formulas to calculate these problems
Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company's project. The initial outlay for the project is $319,500. The project will produce the following after-tax cash inflows of
Year 1: 137,600
Year 2: 90,400
Year 3: 147,400
Year 4: 153,600
Round the answer to two decimal places in percentage form.
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