A project has the following cash flows: Solve the following using a finance calculator. What is the IRR for this project? NPV at 0 percent? NPV at 18 percent?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A project has the following cash flows:

Solve the following using a finance calculator.

  1. What is the IRR for this project?
  2. NPV at 0 percent?
  3. NPV at 18 percent?
Year
0
1
- N
2
Cash Flow
$ 64,600
-30,600
-48,500
Transcribed Image Text:Year 0 1 - N 2 Cash Flow $ 64,600 -30,600 -48,500
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