Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Does anyone knows how to compute IRR without using Excel? Especially IRR computation below (how to calculate so that they get 28.49%?). Computation of IRR

Does anyone knows how to compute IRR without using Excel? Especially IRR computation below (how to calculate so that they get 28.49%?).

image text in transcribed

Computation of IRR of the project. The Internal rate of return is computed in the spreadsheet as shown below The IRR of the project is 28.49% Therefore, the highest discount rate at which the project is acceptable is 28.49%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Digital Finance Bits And Bytes The Road Ahead

Authors: Vasant Chintaman Joshi

1st Edition

9811534306, 9811534314, 9789811534300, 9789811534317

More Books

Students also viewed these Finance questions

Question

Business Cycle Entity Relationship Diagram, need help with it

Answered: 1 week ago

Question

Define the key terms and concepts at the end of the chapter.

Answered: 1 week ago