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The following set of cash flows has 2 internal rates of return. The first IRR is 16.97%. Calculate the 2nd IRR for the cash flows.
The following set of cash flows has 2 internal rates of return. The first IRR is 16.97%. Calculate the 2nd IRR for the cash flows. (Enter percentage as decimals and round to 4 decimals). Need to use a guess in the excel function.
Time | CF |
0 | 2,000 |
1 | -4,250 |
2 | 2,000 |
3 | -4,000 |
4 | 5,000 |
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