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Estimate the Internal Rate of Return (IRR) using the following information. Initial Cash Outflow -5250 Net Year 1 1965 Net Year 2 2683 Net Year

Estimate the Internal Rate of Return (IRR) using the following information. Initial Cash Outflow -5250 Net Year 1 1965 Net Year 2 2683 Net Year 3 3234

NPV=InitialCashFlow+(Year1NetCashFlow/(1+rate)^1)+(Year2NetCashFlow/(1+rate)^2)+(Year1NetCashFlow/(1+rate)^3)....... note that ^ is the spreadsheet notation for "to the power of" and the number used matches the year of the cashflow (e.g. ^1, ^2, ^3, ^4, ^5)

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