Find the internal rate of return (IRR) for the following series


Question Description:

24.99

Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $744,700. Year 1: 180,700 Year 2: 179,900 Year 3: 143,100 Year 4: 188,800 Year 5: 145,700

Answer

24.99