Compute the internal rate of return for the cash flows of the following two projects. CASH FLOWS

Question:

Compute the for the cash flows of the following two projects.

CASH FLOWS ($) YEAR PROJECT A PROJECT B -$6,700 -$4,600 1 2,100 1,800 2 3,900 2,300 2,700 1,900 3.

Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...