Question: For each of the projects shown in the following table, calculate the internal rate of return (IRR).
Intial Cash Outflow Prjct A Prjct B Prjct C Prjct D
$72,000 440,000 18,000 215,00
Inflows in year
1 16,000 135,000 7,000 108,000
2 20,000 135,000 7,000 90,000
3 24,000 135,000 7,000 72,000
4 28,000 135,000 7,000 54,000
5 32,000 ____ 7,000 ____