Calculate the Internal Rate of Return (IRR) for the following series of cash flows: Year Cash Flow
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Question:
Calculate the Internal Rate of Return (IRR) for the following series of cash flows:
Year | Cash Flow |
0 | -315,000 |
1 | 110,000 |
2 | 120,000 |
3 | 105,000 |
4 | 102,000 |
5 | 101,000 |
Enter your answer as a decimal with a leading zero and 4 decimal places of precision (i.e. 0.1234)
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