Consider the cash flows seen in attached XLS doc. The Internal Rate of return on the cash
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Question:
Consider the cash flows seen in attached XLS doc. The Internal Rate of return on the cash flows (rounded to the nearest 1%) is what?
growth rate year 1 year 2 year 3 year 4 year 5 year 6 year 7 year 8 year 9 year 10 10% 100.00 110.00 121.00 133.10 146.41 146.41 146.41 146.41 146.41 146.41 1,342.56 Date Cash flows 4/10/2011 ($1,000.00) 5/1/201 $500.00 1/1/2014 $600.00 4/10/2015 $700.00 Expert Answer:
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