Question: Please only use Excel formulas. The following cash - flow pattern has two IRRs. Use Excel to draw a graph of the NPV of these
Please only use Excel formulas. The following cashflow pattern has two IRRs. Use Excel to draw a graph of the NPV of
these cash fl ows as a function of the discount rate. Then use the IRR function to identify
the two IRRs. What is the NPV if the actual cost of capital is
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