Question
Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $564,600. Year 1: 179,200 Year 2:
Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $564,600.
Year 1: 179,200
Year 2: 133,800
Year 3: 127,600
Year 4: 172,200
Year 5: 167,900
Round the answer to two decimal places in percentage form
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Mathematics Of Finance
Authors: Petr Zima, Robert L. Brown
5th Edition
0070871353, 978-0070871359
