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What is the IRR of an investment that costs $18,500 and pays $5,250 a year for 5 years? 12.92% 15.16% 18.99% 25.20% 27.95% Using Excel

  1. What is the IRR of an investment that costs $18,500 and pays $5,250 a year for 5 years?
  2. 12.92%
  3. 15.16%
  4. 18.99%
  5. 25.20%
  6. 27.95%

Using Excel

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