Find the internal rate of return

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Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $546,200.

Year 1: 173,600
Year 2: 145,600
Year 3: 125,800
Year 4: 145,300
Year 5: 166,300

Round the answer to two decimal places in percentage form

Reference no: EM132576671

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