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I need the exact formaula to enter in Excel and How to find the IRR in Excel for this problem. Exact Excel formula while clicking
I need the exact formaula to enter in Excel and How to find the IRR in Excel for this problem. Exact Excel formula while clicking n the cells for the data and apply formulas.
Problem: A project that provides annual cash flows of $15,400 for nine years costs $67,000 today. Is this a good project if the required return is 8%? What if its 20%? At what discount rate would be indifferent between accepting the project and rejecting it?
I need the exact excel formula to find: NVP at 8%, NVP at 20% and IRR.
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