intermediate calculations

2. Consider the following cash flows:

Year Cash Flow

0 –$ 33,000

1 13,900

2 17,800

3 11,300

 

Required:

What is the IRR of the above set of cash flows? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

 

Internal rate of return _____ %