Question: Can you show step by step how to get the answer for r and how you get 23.61% with calculation, thank you. (1+r)1rCFCF0=00=$110.0million+(1+r)1r$32.1million Solving for
Can you show step by step how to get the answer for r and how you get 23.61% with calculation, thank you.
(1+r)1rCFCF0=00=$110.0million+(1+r)1r$32.1million Solving for the unknown r, r=23.61% The IRR is 23.61%
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