Question: Consider the cash flows seen in attached XLS doc. The Internal Rate of return on the cash flows (rounded to the nearest 1%) is what?

 Consider the cash flows seen in attached XLS doc. The Internal

Consider the cash flows seen in attached XLS doc. The Internal Rate of return on the cash flows (rounded to the nearest 1%) is what?

Rate of return on the cash flows (rounded to the nearest 1%)

growth rate year 1 year 2 year 3 year 4 year 5 year 6 year 7 year 8 year 9 year 10 10% 100.00 110.00 121.00 133.10 146.41 146.41 146.41 146.41 146.41 146.41 1,342.56 Date Cash flows 4/10/2011 ($1,000.00) 5/1/201 $500.00 1/1/2014 $600.00 4/10/2015 $700.00

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