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Problem #2: Consider an investment where the cash flows are: - $1065.30 at time t = 0 (negative since this is your initial investment) $498
Problem #2: Consider an investment where the cash flows are: - $1065.30 at time t = 0 (negative since this is your initial investment) $498 at time t = 1 in years $404 at time t = 2 in years $274 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 Your work has been saved! (Back to Admin Page). Submit Problem #2 for Grading Problem #2 Attempt #1 Your Answer: 2(b) 6 Your Mark: 2(b) 0/1X Attempt #2 2(b) 2(b) Attempt #3 | Attempt #4 2(b) 2(b) 2(b) | 2(b) Attempt #5 2(b) 2(b)
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