Question
Find the IRR of the following cash flows: Year Cash Flow 0 $-2,500 1 $1,100 2 $2,500 3 $1,000 4 $3,000 Enter your answer as
Find the IRR of the following cash flows:
| Year | Cash Flow |
| 0 | $-2,500 |
| 1 | $1,100 |
| 2 | $2,500 |
| 3 | $1,000 |
| 4 | $3,000 |
Enter your answer as a percentage rounded to two decimal places (e.g., 5.64%).
Step by Step Solution
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Step: 1
To find the Internal Rate of Return IRR of the given cash flows we need to calculate the disc...
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
4th Edition
978-0133251241, 9780133427516, 133251241, 013342751X, 978-0133255584
