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Problem #2: Consider an investment where the cash flows are: - $1025.45 at time t = 0 (negative since this is your initial investment) $375
Problem #2: Consider an investment where the cash flows are: - $1025.45 at time t = 0 (negative since this is your initial investment) $375 at time t= 1 in years $271 at time t= 2 in years $464 at time t= 3 in years (a) Use Excel's "Solver" to find the internal rate of return (IRR) of this investment. Take a screen shot showing Solver open with your entries for the function clearly visible. Paste the screen shot into an application (like Paint), and save it as a (png) file. Upload your screenshot below. (b) What is the value of IRR found by Solver? Problem #2(a): Choose File No file chosen Upload Now Problem #2(b): Answer as a percentage correct to 2 decimals Just Save Submit Problem #2 for Grading Problem #2 Attempt #1 Your Answer: 2(b) Your Mark: 2(b) Attempt #2 2(b) 2(b) Attempt #3 2(b) 2(b) Attempt #4 2(b) 2(b) Attempt #5 2(b) 2(b)
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