Find the IRR of the following cash flows: Year Cash Flow 0 $-2,500 1 $1,100 2 $2,500
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Question:
Find the IRR of the following cash flows:
| Year | Cash Flow |
| 0 | $-2,500 |
| 1 | $1,100 |
| 2 | $2,500 |
| 3 | $1,000 |
| 4 | $3,000 |
Enter your answer as a percentage rounded to two decimal places (e.g., 5.64%).
Expert Answer:
To find the Internal Rate of Return IRR of the given cash flows we need to calculate the disc... View the full answer
Related Book For 
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date:
