Calculate the internal rate of return
February 19th, 2023
answer this question with manual format and explain it Calculate the internal rate of return on the following projects:a. Initial outlay of $60,500 with an after-tax cash flow of $11,897 per year for eight years.b. Initial outlay of $647,000 with an after-tax cash flow of $118,000 per year for ten years.c. Initial outlay of $25,400 with an after-tax cash flow $11,788 per year for three years.Answer:a. IRR = 11.33%b. IRR = 12.74%c. IRR = 18571%I will pay %10 total