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Calculate the IRR and NPV for the following cash flows. Assume a 9% discount rate. PLEASE SHOW ALL CALCULATIONS AND FORMULAS AS THEY WOULD BE
Calculate the IRR and NPV for the following cash flows. Assume a 9% discount rate.
PLEASE SHOW ALL CALCULATIONS AND FORMULAS AS THEY WOULD BE DONE IN EXCEL
| Year | Project 1 Cash Flow | Project 2 Cash Flow |
| 0 | -$28,000 | -$28,000 |
| 1 | 2,000 | 20,000 |
| 2 | 4,000 | 15,000 |
| 3 | 5,000 | 5,000 |
| 4 | 15,000 | 4,000 |
| 5 | 20,000 | 2,000 |
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
