Find the internal rate of return for the following investment (yes I want the actual rate). Is it a good idea if MARR=10%? Year -160,400 1 75,000 2 -32,000 3 55,000 32,500 69,500

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
Section: Chapter Questions
Problem 8P
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Find the internal rate of return for the following investment (yes I want the actual rate). Is it a good idea if MARR=10%?
Year
-160,400
1
75,000
2
-32,000
3
55,000
4
32,500
5
69,500
Transcribed Image Text:Find the internal rate of return for the following investment (yes I want the actual rate). Is it a good idea if MARR=10%? Year -160,400 1 75,000 2 -32,000 3 55,000 4 32,500 5 69,500
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