Question: 11-29. Refer to Problem 6-24. Set up a spreadsheet to answer various what if questions such as How does the IRR vary as the cost
11-29. Refer to Problem 6-24. Set up a spreadsheet to answer various “what if” questions such as “How does the IRR vary as the cost of gasoline takes on these values: $3.00 per gallon, $4.00 per gallon, and $5.00 per gallon?” Also, how does IRR change when the ownership period changes across this range: 3 years, 4 years, 5 years, 6 years, and 7 years? How does the IRR vary when the differential resale value is $1,000, $2,000, $3,000, and $4,000? (11.3)
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