Question: This problem is useful for testing the ability of financial calculators and computer software. Consider the following cash flows. How many different IRRs are there?
This problem is useful for testing the ability of financial calculators and computer software. Consider the following cash flows. How many different IRRs are there?
Year Cash Flow
0 ......... -$ 1,008
1 ......... 5,724
2 ......... - 12,140
3 ......... 11,400
4 ......... - 4,000
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