Question
Please show work. What is the IRR of the following set of cash flows? (Do not round intermediate calculations. Enter your answer as a percent
Please show work.
| What is the IRR of the following set of cash flows? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Year | Cash Flow | ||
| 0 | $ | 15,500 | |
| 1 | 6,200 | ||
| 2 | 7,500 | ||
| 3 | 6,000 | ||
| IRR | % |
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Handbook Of The Economics Of Finance
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
044459406X, 978-0444594068
