Question: Case 2 (Chapter 4 - P4.16): Internal Rate of Return You are evaluating five different investments, all of which involve an upfront outlay of cash.

Case 2 (Chapter 4 - P4.16): Internal Rate of
Case 2 (Chapter 4 - P4.16): Internal Rate of Return You are evaluating five different investments, all of which involve an upfront outlay of cash. Each investment will provide a single cash payment back to you in the future. Details of each investment appear below. Calculate the IRR of each investment. State your answer to the nearest basis point (i.e., the nearest one one-hundredth of 1%, such as 3.76%). A $ 1,000 $ 1,796 12 B $10,000 $13,629 9 C $ 400 $ 1,420 18 D $ 3,000 $ 3,630 2 E $ 5,500 $ 8,467 11

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