Same project as in Q3 from last lecture: Outflows of $100,000 today, $100,000 in one year, and $50,000 in two years. Annual inflows of $50,000 for 10 years starting three years from today (end of year 3). What is this project’s IRR?
Answer in percent, rounded to two decimal places. (Hint: “Draw” the timeline on Excel as shown in the video and the textbook. Then use the IRR function. Make sure you increase decimal places.]
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