Cash Flow $33,000 14,400 17,300 11,800 is the IRR of the cash flows? (Do not round intermediate calcL answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Cash Flow $33,000 14,400 17,300 11,800 is the IRR of the cash flows? (Do not round intermediate calcL answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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3. Find the internal rate of return

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Consider the following cash flows:
Year
Cash Flow
$33.000
14,400
17,300
11,800
3
What is the IRR of the cash flows? (Do not round intermediate calculations and enter
your answer as a percent rounded to 2 decimal places, e.g.., 32.16.)
Internal rate of return
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