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I need help solving the IRR for this. Answer is provided but I cannot figure out how to solve it in excel. A Help Me
I need help solving the IRR for this. Answer is provided but I cannot figure out how to solve it in excel.
A Help Me Solve This : Question Help NPV and IRR Benson Designs has prepared the following estimates for a long-term project it is considering. The initial investment is $30,690, and the project is expected to yield after-tax cash inflows of $7,000 per year for 7 years. The firm has a cost of capital of 11%. a. Determine the net present value (NPV) for the project. b. Determine the internal rate of return (IRR) for the project. X Sorry, that's not correct. Sorry, your answer is not correct. Correct answer: 13.28 Your answer: 4.71 OKStep by Step Solution
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