Homework #6C (IRR and MIRR annually and semi-annually)

Homework #6C (IRR and MIRR annually and semi-annually)

Finance

Question 1 (1 point)

 

A project has an initial outlay of $2,555. It has a single cash flow at the end of year 8 of $4,199. What is the internal rate of return (IRR) for the project?

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

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