How would I determine IRR if this is the only information gi

How would I determine IRR if this is the only information given ? Please show your work

Holding Period

Year

Geico Earnings Per Share

P/E Ratio

0

1995

3.66

19

1

1996

3.66

19

2

1997

4.51

19

3

1998

5.01

19

4

1999

5.56

19

5

2000

6.17

19

6

2001

6.85

19

7

2002

7.60

19

8

2003

8.43

19

9

2004

9.36

19

10

2005

10.39

19

Average earning growth rate : EPS in year 10(2005) : 3.66(1+.11)^10= 10.39

CGY = (( 51.25 / 1.334 ) ^ ( 1/10 ) - 1 ) =44.03%

Dividend Yield = 25.104% - 22.4700489% = 2.6339511%

Total Yield (IRR) =

Holding Period	Year	Geico Earnings Per Share	P/E Ratio
0	1995	3.66	19
1	1996	3.66	19
2	1997	4.51	19
3	1998	5.01	19
4	1999	5.56	19
5	2000	6.17	19
6	2001	6.85	19
7	2002	7.60	19
8	2003	8.43	19
9	2004	9.36	19
10	2005	10.39	19

Solution

19*3.66+3.66/(1+IRR)+4.51/(1+IRR)^2+5.01/(1+IRR)^3+5.56/(1+IRR)^4+6.17/(1+IRR)^5+6.85/(1+IRR)^6+7.6/(1+IRR)^7+8.43/(1+IRR)^8+9.36/(1+IRR)^9+10.39*19/(1+IRR)^10=0

=>IRR=16.30%