Question
Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $763,200. Year 1: 159,000 Year 2:
Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $763,200.
Year 1: 159,000
Year 2: 125,800
Year 3: 165,200
Year 4: 234,200
Year 5: 234,000
Round the answer to two decimal places in percentage form. You should use Excel or financial calculator.
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Principles Of Macroeconomics
Authors: Frank, Bernanke, Antonovics, Heffetz
3rd Edition
1259117162, 9781259117169
