Deep waters inc is using the internal rate of return irr, Finance Basics

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Deep waters inc is using the internal rate of return irr

Question: 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 $498,300. The project will produce the following after-tax cash inflows of

Year 1: 163,700

Year 2: 80,100

Year 3: 140,200

Year 4: 156,100

Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)

You should use Excel or financial calculator.

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Finance Basics: Deep waters inc is using the internal rate of return irr

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Finance Basics: Deep waters inc is using the internal rate of return irr

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