Question: By hand. Do not use Excel. 3) (10 points) a) (5 points) Based on Norstrom's criterion, what can you say about IRR for the above
By hand. Do not use Excel.

3) (10 points) a) (5 points) Based on Norstrom's criterion, what can you say about IRR for the above cash flow profile? Explain. b) (5 points) Determine if 20% could be an IRR for the above cash flow profile
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