Question: Using the information in the previous two questions, what is the Internal Rate of Return (IRR)? Total cost (day 0): $3,250,000 Total cost (year 1):

 Using the information in the previous two questions, what is the

Using the information in the previous two questions, what is the Internal Rate of Return (IRR)? Total cost (day 0): $3,250,000 Total cost (year 1): $850,000 Annual cash flow for year 2: $0 Annual cash flows for years 3 to 6:$892,000 Annual cash flows for years 7 to 10:$1,250,000

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