(Answered) Find the interna rate of return irr for the following

Finance

Find the interna rate of return (IRR) for the following series of future cash flows. The initial outlay is $504,600.

Year 1: 197,700

Year 2: 198,200

Year 3: 161,500

Year 4: 133,700

Year 5: 154,700

Round the answer to two decimal places in percentage form

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