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You have an investment opportunity that promises you $500 4 years from today and $800 6 years from today. If you pay $1,000 today for
You have an investment opportunity that promises you $500 4 years from today and $800 6 years from today. If you pay $1,000 today for this opportunity, what is your expected rate of return?
Please note: Use the Excel irr function to solve this. Please include what your irr function looked like.
I am having trouble with the IRR function. How should I set this up in Excel to solve this? Not looking for the solution but a how too.
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