This problem is useful for testing the ability of financial calculators and spreadsheets. Consider the following cash

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This problem is useful for testing the ability of financial calculators and spreadsheets. Consider the following cash flows. How many different IRRs are there?

Year ___________Cash Flow

0 .......................... -$ 3,024

1 ............................ 17,172

2 ........................... -36,420

3 ............................ 34,200

4........................... -12,000

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Related Book For answer-question

Fundamentals of Corporate Finance

ISBN: 978-0077861704

11th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Nov 21, 2016 08:18 AM

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This problem is useful for testing the ability of financial calculators and spreadsheets. Consider the following cash

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Input area Annual cash flows Year 0 3024 Year 1 171...View the full answer

Fundamentals of Corporate Finance

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