What is the maximum possible value any of the real irrs

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A five-year project requires an investment of -177 and has the following cash flows in years 1 through 5, respectively (all cash flows in dollars): 116, -109, 267, 2, and 108. Without actually calculating any IRR, what is the maximum possible value any of the real IRRs could have? Give your answer as a percent with two decimals; e.g., 23.24

Reference no: EM132023503

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