Finc 330 HW 6C Q3.jpg - Question 3 Find the internal rate of return(IRR for the following series of future cash flows The initial outlay is \$680,025

# Finc 330 HW 6C Q3.jpg - Question 3 Find the internal rate...

• 1

This preview shows page 1 out of 1 page.

#### You've reached the end of your free preview.

Want to read the whole page?

Unformatted text preview: Question 3 Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is \$680,025. Year 1: 189,200 Year 2: 141,300 Year 3: 192,700 Year 4: 164.900 Year 5: 187,000 Round the answer to two decimal places in percentage form. (Write the percentage sign in the &quot;units&quot; box) You should use Excel or financial calculator. Answer: x (8.98) x (%)...
View Full Document

• Spring '11
• GEWIRTZ

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes
Ask Expert Tutors