(Answered) Exerciseirr with uneven cash flowsnote no excel template is

Accounting

Exercise

IRR with Uneven Cash Flows

NOTE: No Excel template is provided for this problem. Please create your own spreadsheet to calculate the solution.

Powers, Inc., has a project that requires an initial investment of $43,000 and has the following expected stream of cash flows:

Required:

Calculate the project's internal rate of return. Do not enter the percent sign (%). Round your final answer to two decimal places.
IRR: %

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