Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Using the below information, could someone please explain how to find IRR (Not real IRR) I think it requires an excel program (?) which I
Using the below information, could someone please explain how to find IRR (Not real IRR)
I think it requires an excel program (?) which I do not have.
Is there a way to figure this out if I don't have excel?
The question was: A four yer project requires 1,000,000$ as first cost and brings 2,000,000$ at the end of the 4th year.
If expected annual inflation rate over this period is 5%, what is the REAL IRR of this project?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started