Question: please include a formula that will work for excel, thank you. Internal rate of return method 2 The internal rate of return method is used
Internal rate of return method 2 The internal rate of return method is used by Testerman Construction Co. in analyzing a capital expenditure proposal. The following data is provided: DATA Period 0 Cash flow -$156,550 $37,000 $37,000 $37,000 $37,000 $37,000 $37,000 Using formulas and cell references, perform the required analysis, and input your answer into the Amount column. Transfer the numeric result for the green entry cell (B18) into the 15 appropriate fields in CNOWV2 for grading. Amount Formula 18 Internal rate of return
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