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The following set of cash flows has 2 internal rates of return.The first IRR is 23.77%. Calculate the 2nd IRR for the cash flows. (Enter
| The following set of cash flows has 2 internal rates of return.The first IRR is 23.77%. Calculate the 2nd IRR for the cash flows. (Enter percentages as decimals and round to 4 decimals). Hint: you will need to use a guess in the excel function. | |||||||||
| Time | Cash Flow | ||||||||
| 0 | 7,500 | ||||||||
| 1 | -16,250 | ||||||||
| 2 | 8,000 | ||||||||
| 3 | -6,500 | ||||||||
| 4 | 9,000 |
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
