Question: Please write out the excel functions clearly! I will give a thumbs up :) If the minimum attractive rate of return is 14%, which alternative
If the minimum attractive rate of return is 14%, which alternative should be selected? You can use Excel's IRR function to solve this problem. Year 0 -$1000 -$500 350 165 350 350 350 -$1200 420 420 420 420 -$1500 500 500 500 500 165 165 (Hint: You might be able to eliminate some of the alternatives if they are not "attractive.")
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