(LO 9-3) What would be the Excel formula to compute the internal rate of return for this...

Question:

(LO 9-3) What would be the Excel formula to compute the internal rate of return for this stream of cash flows for a $32,000 investment and cash inflows of $10,000 per year for Years 1–4?

a. =IRR(32000,−10000,−10000,−10000,−10000)

b. =IRR(−10000,−10000,−10000,−10000,32000)

c. =IRR(10000,10000,10000,10000,−32000)

d. =IRR(−32000,10000,10000,10000,10000)

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction To Data Analytics For Accounting

ISBN: 9781266358234

2nd Edition

Authors: Vernon Richardson, Katie Terrell And Ryan Teeter

Question Posted: