Compute the internal rate of return for the cash flows of the following two projects. (Do not round intermediate calculations and enter your answers as
Compute the internal rate of return for the cash flows of the following two projects. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
| Year | Project A | Project B |
| 0 | -$11,300 | - $8,900 |
| 1 | 4,400 | 2,400 |
| 2 | 5,200 | 6,500 |
| 3 | 4,000 | 3,600 |
Please I need help with this.
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Authors: Michael M. Pompian
1st Edition
1118011503, 978-1118011508
