What is the internal rate of return on this project?

Quick Sale Real Estate Company is planning to invest in a new development. The cost of the project w Show more Quick Sale Real Estate Company is planning to invest in a new development. The cost of the project will be $23 million and is expected to generate cash flows of $14000000 $11750000 and $6350000 over the next three years. The companys cost of capital is 20 percent. What is the internal rate of return on this project? (Round to the nearest percent.) Given the following cash flows for a capital project calculate the IRR using a financial calculator Year Year Year Year Year Year 0 1 2 3 4 5 Cash Flows ($50467) $12746 $14426 $21548 $8580 $4959 Show less

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