#1	Filter Corp. has a project available with the following cash flows:
	The required return is 21%
	Year	0	1	2	3	4
	Cash Flows	$ (14,300.00)	$ 7,200.00	$ 8,500.00	$ 2,900.00	$ 2,500.00
	What is IRR for Filter Project?
	a	IRR =	22.17%
	b	IRR =	24.17%
	c	IRR =	21.17%
	d	IRR =	23.17%
		Use Goal Seek to find the IRR that equates the NPV to Zero.
		Period
		Cash Flows
		PVIF
		PV
		Cost
		NPV
		IRR
#2	Binding Light CO. has a project available with the following cash flows:
	Year	0	1	2	3	4	5
	Cash Flows	$ (31,870.00)	$ 8,570.00	$ 10,370.00	$ 14,960.00	$ 16,410.00	$ 11,540.00
	What is the IRR for the Binding Light Co.?
	a	IRR =	24.70%
	b	IRR =	25.70%
	c	IRR =	27.57%
	d	IRR =	26.70%
	Period	Cash Flows	PVIF	PV