Question
Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $651,200. Year 1: 124,100 Year 2:
Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $651,200.
Year 1: 124,100
Year 2: 184,200
Year 3: 122,900
Year 4: 146,200
Year 5: 145,000
Round the answer to two decimal places in percentage form
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
