The engineering design and testing group for Honda Corp. does contract-based work for automobile manufacturers throughout the
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The engineering design and testing group for Honda Corp. does contract-based work for automobile manufacturers throughout the world. During the last 3 years, the net cash flows for contract payments have varied widely, as shown below, primarily due to a large manufacturer's inability to pay its contract fee
Year | 0 | 1 | 2 | 3 |
Cash Flow ($000s) | $2000 | -$500 | -$8100 | $6800 |
What is (are) the IRR of the cash flows above using Excel Spreadsheet?
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Related Book For 
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
