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What is the IRR of the following set of cash flows? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2
What is the IRR of the following set of cash flows? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
| Year | Cash Flow | ||
| 0 | $ | 15,700 | |
| 1 | 6,400 | ||
| 2 | 7,700 | ||
| 3 | 6,200 | ||
| IRR | % |
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Lectures On Public Economics
Authors: Anthony B. Atkinson, Joseph E. Stiglitz
1st Edition
0691166412, 978-0691166414
