Question: Problem 9-24 Multiple IRRs [LO5] Year Cash Flow 0 $ 3,024 1 17,172 2 36,420 3 34,200 4 12,000 This problem is useful for testing

Problem 9-24 Multiple IRRs [LO5]

Year	Cash Flow
0	$	3,024
1		17,172
2		36,420
3		34,200
4		12,000

This problem is useful for testing the ability of financial calculators and computer software. Consider the above cash flows. The IRRs, from smallest to largest, are percent, percent, percent, and percent. (Hint: search between 20 percent and 70 percent.)

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