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Question 10 2 pts Wk3Hw_IRR11 Estimate the Internal Rate of Return (IRR) using the following information. Initial Cash Outflow Net Year 1 Net Year 2

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Question 10 2 pts Wk3Hw_IRR11 Estimate the Internal Rate of Return (IRR) using the following information. Initial Cash Outflow Net Year 1 Net Year 2 Net Year 3 -650 195 256 380 NPV=InitialCashFlow+(Year 1NetCash Flow/(1+rate) 1)+ (Year 2NetCashFlow/(1+rate)^2)+(Year 1NetCashFlow/(1+rate)^3).... note that is the spreadsheet notation for "to the power of and the number used matches the year of the cashflow (e.g. 1,2,3,4,5) Between 10% and 11% Between 11% and 12% Between 12% and 13%

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