Compute the IRR for the investment represented by the following cash flow table:   Year 0 1 2 3 4 5 6 7 Cash Flow (in $1000’s) -1600 +350 +300 +250 +200 +150 +100 +50

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter17: Long-term Investment Analysis
Section: Chapter Questions
Problem 6E
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  1. Compute the IRR for the investment represented by the following cash flow table:

 

Year

0

1

2

3

4

5

6

7

Cash Flow
(in $1000’s)

-1600

+350

+300

+250

+200

+150

+100

+50

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