For this question Please find the Internal rate of return but please do not use Excel. I could not understand and really stuck with it. Also I have a question in our lectures our Prefessor told us you can start from any interest rate; for example, starting from i=%10 and then increase or decrease the numbers according the our PV. But the problem is Sometimes our Professor start from i=%30 and sometimes %15 and sometimes %5. How will I know that which interest rate am I going to start. As you see in the Second Picture for Company A they start from %15 but for example for B they started from %30 which I cant send it to here. Please just help me to understand to sense of it. mportant Note: In the table do not consider the strikethrough numbers 4th year for company B is 30.000 and for B 40.000 for 3rd year for Company C it is 50.000) I know I wrote it so long but I hope somebody see and help me :( I would be so appreciate.

2 X 3 investment amount 1 Year 6 Sear A 70.000 8000 25.00 10.000 10.07 0.0 TL Ti B 120.000 30.000 35.000 TL TL 25.000 LOLOO 22.000 TL 130001 95.000 10.00 35.000 | 50 | Spo 10.000 J Te TL 10000 "TL 100.000 25.000 2.5.2 TL 25 000 25.000 S CD TL Lisa rale di AW which Internal Rate or Peluco (re), (zero makes the NPV NPV =0 PV-IIAO * [PU-TIN A 10.000 + 17.000 + 70.000 TL = 8000 2.5.000 10.000 (1+i) (1+i)? 114:13 (1+114 13225 1,520115 1,74900615 2:011357193 ;=% 15011 58.039 TL -> 70 000 ;= %5 t Ma 16.93t, TL *%15'den 25 ankar. (2010) llo 18.895 a 76.936 -58.939 XI. lox V1.961 1 - 70000-58039 (0) (11.961) = (lx) (18.895) 18.995 18.8-95 76934-7000 - 6934 Yox lob,33 NITRAT IRRA-0615 %6,33 IRRA = 11,677 2 X 3 investment amount 1 Year 6 Sear A 70.000 8000 25.00 10.000 10.07 0.0 TL Ti B 120.000 30.000 35.000 TL TL 25.000 LOLOO 22.000 TL 130001 95.000 10.00 35.000 | 50 | Spo 10.000 J Te TL 10000 "TL 100.000 25.000 2.5.2 TL 25 000 25.000 S CD TL Lisa rale di AW which Internal Rate or Peluco (re), (zero makes the NPV NPV =0 PV-IIAO * [PU-TIN A 10.000 + 17.000 + 70.000 TL = 8000 2.5.000 10.000 (1+i) (1+i)? 114:13 (1+114 13225 1,520115 1,74900615 2:011357193 ;=% 15011 58.039 TL -> 70 000 ;= %5 t Ma 16.93t, TL *%15'den 25 ankar. (2010) llo 18.895 a 76.936 -58.939 XI. lox V1.961 1 - 70000-58039 (0) (11.961) = (lx) (18.895) 18.995 18.8-95 76934-7000 - 6934 Yox lob,33 NITRAT IRRA-0615 %6,33 IRRA = 11,677