Consider the following cash flows: Year Cash Flow 0 -$ 33,000 1 123 13,400 2 18,300 3 10,800 What is the IRR of the cash flows? Note: Do not round intermediate calculations and enter your ans Internal rate of return % 90

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
Section: Chapter Questions
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Consider the following cash flows:
Year
Cash Flow
0
-$ 33,000
1
123
13,400
2
18,300
3
10,800
What is the IRR of the cash flows?
Note: Do not round intermediate calculations and enter your ans
Internal rate of return
%
90
Transcribed Image Text:Consider the following cash flows: Year Cash Flow 0 -$ 33,000 1 123 13,400 2 18,300 3 10,800 What is the IRR of the cash flows? Note: Do not round intermediate calculations and enter your ans Internal rate of return % 90
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