Question
EXAMPLE Find the IRR of an investment having initial cash outflow of $213,000. The cash inflows during the first, second, third and fourth years are
EXAMPLE
Find the IRR of an investment having initial cash outflow of $213,000. The cash inflows during the first, second, third and fourth years are expected to be $65,200, $96,000, $73,100 and $55,400 respectively. Assume that r is 10%.
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
