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Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $535,800. Year 1:

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1709 fx =IRR(1702:1707) G H 699 700 Year Cashflows (535,800.00) 187,100.00 184,200.00 $ 199,700.00 158,900.00 $ 125,600.00 IR1709 fax =IRR(1702:1707) Year Cashflows -535800 187100 184200 199700 158900 125600 IRR values) =IRR 1702:1707) 706 707 708 hu

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