Question: Determine the IRR to the nearest whole percent of a project
Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520.
| Year | Net Cash Flow |
| 1 | $1,000 |
| 2 | $1,500 |
| 3 | $5,00 |
- 32%
- 48%
- 28%
- 40%
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