What is the internal rate of return for the stream of cash flows shown below? Period Cash

Question:

What is the for the stream of cash flows shown below?
Period Cash Flow
0 ..............($ 10,000)
1 ...............1,000
2 ..................1,000
3 ...............1,000
4 ...............7,000
Total Cash Flow ..........$ 0
A. Solve using a spreadsheet program such as Excel.
B. Solve using a financial calculator (optional).

Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...