This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables t

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answerhappygod
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This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables t

Post by answerhappygod »

This set of problems is designed to be calculated using
the Excel or financial calculator. Do not use financial
tables to calculate these problems. Do not use algebraic
formulas to calculate these problems.
Find the internal rate of return (IRR) for the following series
of future cash flows. The initial outlay is $546,200.
Year 1: 173,600
Year 2: 145,600
Year 3: 125,800
Year 4: 145,300
Year 5: 166,300
Round the answer to two decimal places in percentage
form.
You should use
Excel or financial
calculator.
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