Question: EXCEL SOLUTION NEEDED: EXCEL FORMULA ONLYPLEASE The internal rate of return (IRR) is the rate of returnfor a series of cash flows that results in
EXCEL SOLUTION NEEDED: EXCEL FORMULA ONLYPLEASE
The internal rate of return (IRR) is the rate of returnfor a series of cash flows that results in a zero NPV. Excel's IRRfunction easily computes the IRR for a series of cashflows.
What is the IRR for the project with the following cashflows?
| t | Cash flow |
| 0 | $ (30,000) |
| 1 | 8,000 |
| 2 | 10,000 |
| 3 | 11,000 |
| 4 | 17,000 |
| 5 | 12,000 |
| IRR: |
Step by Step Solution
There are 3 Steps involved in it
IRR or the internal rate of return is an important c... View full answer
Get step-by-step solutions from verified subject matter experts
