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Consider an investment where the cash flows are: $1191.15 at time t = 0 (negative since this is your initial investment) $441 at time t
Consider an investment where the cash flows are: $1191.15 at time t = 0 (negative since this is your initial investment) $441 at time t = 1 in years $488 at time t = 2 in years $369 at time t = 3 in years |
Use Excels Solver to find the internal rate of return (IRR) of this investment. Take a screen shot showing Solver open with your entries for the function clearly visible. |
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