Question: 1 Year 2 0 3 4 2 5 3 6 4 7 Required Return 8 NPV IRR B Cash Flows (60,000) 25,000 30,000 15,000 12,000

 1 Year 2 0 3 4 2 5 3 6 4

1 Year 2 0 3 4 2 5 3 6 4 7 Required Return 8 NPV IRR B Cash Flows (60,000) 25,000 30,000 15,000 12,000 10.00% 6,986.54 =IRR(B2:B6) The Internal rate of Return (IRR) in cell B9 will be the Required Return in B7 Select one: a. equal to b. less than c. Could be any of the above d. Not enough information e. greater than Next page Resume Before and After

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