Question
This problem is useful for testing the ability of financial calculators and computer software. Consider the cash flows in the table. How many different IRRs
This problem is useful for testing the ability of financial calculators and computer software. Consider the cash flows in the table. How many different IRRs are there? (Hint: Search between 20 percent and 70 percent.) When should we take this project?
Year Cah Flow
0 -1512
1 8586
2 -18210
3 17100
4 -6000
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
