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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.
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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