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Posted: Thu Apr 28, 2022 1:57 pm
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(IRR with uneven cash flows) The Tiffin Barker Corporation is considering introducing a new currency verifier that has the ability to identify counterfeit dollar bills. The required rate of return on this project is 11 percent. What is the IRR on this project if it is expected to produce the following cash flows: ? . The IRR on this project is % (Round to two decimal places.) - X Data table in Initial outlay - $1,083,764 FCF in year 1 200,000 FCF in year 2 380,000 FCF in year 3 380,000 FCF in year 4 200,000 FCF in year 5 200,000 FCF in year 6 180,000 (Click on the icon located on the top-right comer of the data table above in order to copy its contents into a spreadsheet.)
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