Question
10-2. (IRR calculation) Determine the IRR on the following projects: a. An initial outlay of $10,000 resulting in a single free cash flow of $17,182
10-2. (IRR calculation) Determine the IRR on the following projects: a. An initial outlay of $10,000 resulting in a single free cash flow of $17,182 after 8 years b. An initial outlay of $10,000 resulting in a single free cash flow of $48,077 after 10 years c. An initial outlay of $10,000 resulting in a single free cash flow of $114,943 after 20 years d. An initial outlay of $10,000 resulting in a single free cash flow of $13,680 after 3 years
(I see this question answered on Chegg but there's no explanation) Can someone please break this down in a way that's somewhat easy to understand?
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