The Shoals Corporation is in the process of planning its cap…

The Shoals Corporation is in the process of planning its capital budget.  You have been asked to evaluate Project A, which has the following cash flows. The required rate of return for the project is 11%. Calculate the Project’s IRR.                                               Cash Flow -$80,000 $30,000 $30,000 $30,000 $30,000 Time 0 1 2 3 4