Question

Determine the internal rate of return to the nearest percent on the following projects:
a. An initial outlay of $10,000 resulting in a cash inflow of $2,000 at the end of Year 1, $5,000 at the end of Year 2, and $8,000 at the end of Year 3
b. An initial outlay of $10,000 resulting in a cash inflow of $8,000 at the end of Year 1, $5,000 at the end of Year 2, and $2,000 at the end of Year 3
c. An initial outlay of $10,000 resulting in a cash inflow of $2,000 at the end of Years 1 through 5 and $5,000 at the end of Year 6



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  • CreatedOctober 31, 2014
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