Find internal rate of return for series of future cash flows

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Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $651,200. Year 1: 124,100 Year 2: 184,200 Year 3: 122,900 Year 4: 146,200 Year 5: 145,000 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.

Reference no: EM131537391

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