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What is the IRR of the following set of cash flows? Year Cash Flow 0 $8,208 1 3,200 2 3,500 3 5,800 a. 21.72% b.
| What is the IRR of the following set of cash flows? |
| Year | Cash Flow |
| 0 | $8,208 |
| 1 | 3,200 |
| 2 | 3,500 |
| 3 | 5,800 |
a. 21.72%
b. 22.15%
c. 20.63%
d. 21.29%
e. 22.81%
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
