Question
Problem 9-24 Multiple IRRs [LO5] Year Cash Flow 0 $ 3,024 1 17,172 2 36,420 3 34,200 4 12,000 This problem is useful for testing
Problem 9-24 Multiple IRRs [LO5]
| Year | Cash Flow | ||
| 0 | $ | 3,024 | |
| 1 | 17,172 | ||
| 2 | 36,420 | ||
| 3 | 34,200 | ||
| 4 | 12,000 | ||
This problem is useful for testing the ability of financial calculators and computer software. Consider the above cash flows. The IRRs, from smallest to largest, are percent, percent, percent, and percent. (Hint: search between 20 percent and 70 percent.)
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
