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