What is the internal rate of return (IRR) of the following set of cash flows? (Enter your answer as a percentage rounding to 2 decimals, e.g., 12.34% as 12.34) Year O cash flow=-146,000 Year 1 cash flow = -32,000 Year 2 cash flow = 60,000 Year 3 cash flow = 70,000 Year 4 cash flow = 53,000 Year 5 cash flow = 65,000

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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What is the internal rate of return (IRR) of the following set of cash flows? (Enter your answer
as a percentage rounding to 2 decimals, e.g., 12.34% as 12.34)
Year O cash flow = -146,000
Year 1 cash flow = -32,000
Year 2 cash flow= 60,000
Year 3 cash flow = 70,000
Year 4 cash flow = 53,000
Year 5 cash flow = 65,000
Transcribed Image Text:What is the internal rate of return (IRR) of the following set of cash flows? (Enter your answer as a percentage rounding to 2 decimals, e.g., 12.34% as 12.34) Year O cash flow = -146,000 Year 1 cash flow = -32,000 Year 2 cash flow= 60,000 Year 3 cash flow = 70,000 Year 4 cash flow = 53,000 Year 5 cash flow = 65,000
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