Answer Happy

​(IRR
calculation​)
Determine the IRR on the following​ projects:
a. An initial outlay of
​$9,000
resulting in a single free cash flow of
​$16,509
after
7
years?
b. An initial outlay of
​$9,000
resulting in a single free cash flow of
​$48,517
after
14
years?
c. An initial outlay of
​$9,000
resulting in a single free cash flow of
​$107,091
after
23
years?
d. An initial outlay of
​$9,000
resulting in a single free cash flow of
​$13,913
after
5
years?