Question
Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $795,800. Year 1: 168,500 Year 2:
Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $795,800. Year 1: 168,500 Year 2: 226,500 Year 3: 238,500 Year 4: 170,800 Year 5: 179,900 Round the answer to two decimal places in percentage form
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Core Concepts of Accounting
Authors: Cecily A. Raiborn
2nd edition
978-0470499474
