Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company’s project. The initial outlay for the project is $540,900. The project will produce the following after-tax cash inflows of Year 1: 250,400
Year 2: 154,000
Year 3: 126,700
Year 4: 130,200
Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)
You should use Excel or financial calculator.