What is the irr of this project

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Management of Great Flights, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of $166,884,758. The company would lease the aircraft to an airline. Cash flows from the proposed leases are shown in the following table. Years Cash Flow 1–4 $24,075,000 5–7 76,180,000 8–10 79,180,000 What is the IRR of this project? (Round intermediate calculations to 0 decimal places, e.g. 1,251 and final answer to 2 decimal places, e.g. 15.25%.) The IRR of this project is %

Reference no: EM131566670

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