you want to start an organic garlic farm. the farm costs $220,000, to be paid in full immediately. year 1 cash inflow will be $25,000, growing at a 5% annual rate thereafter until the end of year 5. at that point, you anticipate selling the farm for $300,000 (at the end of year 5 you get both the last cash inflow from operations and from selling the farm). what is the irr of your garlic farm investment? round to the tenth of a percent (e.g. 5.6%
