Consider the following cash flows:
| Year | Cash Flow | |||
| 0 | –$ | 32,500 | ||
| 1 | 13,300 | |||
| 2 | 18,400 | |||
| 3 | 10,700 | |||
| Required: |
|
What is the IRR of the above set of cash flows? |
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Question: Consider the following cash flows:
Year
Cash Flow
0
–$
32,500
1
13,300
2
18,400
…
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