(Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits

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Calculating Irr Payback And A Missing Cash Flow The Merriweather Printing Company Is Trying To Decide On The Merits 1 (101.23 KiB) Viewed 65 times

(Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows: Year Project Cash Flow 0 ? 1 $790,000 2 370,000 3 290,000 4 460,000 (Click on the icon in order to copy its contents into a spreadsheet.) If you know that the project has a regular payback of 2.2 years, what is the project's IRR? The IRR of the project is %. (Round to two decimal places.)