Consider an investment where the cash flows are: -$994.39 at time t= 0 (negative since this...
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Consider an investment where the cash flows are: -$994.39 at time t= 0 (negative since this is your initial investment) $331 at time f = 1 in years $432 at time r = 2 in years $310 at time r = 3 in years Problem #2(b): (a) Use Excel's "Solver" to find the internal rate of return (IRR) of this investment. Take a screen shot showing Solver open with your entries for the function clearly visible. Paste the screen shot into an application (like Paint), and save it as a (.png) file. Upload your screenshot below. (b) What is the value of IRR found by Solver? Problem #2(a): Choose File no file selected Upload Now Answer as a percentage correct to 2 decimals Consider an investment where the cash flows are: -$994.39 at time t= 0 (negative since this is your initial investment) $331 at time f = 1 in years $432 at time r = 2 in years $310 at time r = 3 in years Problem #2(b): (a) Use Excel's "Solver" to find the internal rate of return (IRR) of this investment. Take a screen shot showing Solver open with your entries for the function clearly visible. Paste the screen shot into an application (like Paint), and save it as a (.png) file. Upload your screenshot below. (b) What is the value of IRR found by Solver? Problem #2(a): Choose File no file selected Upload Now Answer as a percentage correct to 2 decimals
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Related Book For
Calculus And Its Applications
ISBN: 9780134437774
14th Edition
Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar
Posted Date:
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