☐ Use the following information to answer the next two questions. Consider the after-tax cash flows below: Year 0 1 2 3 4 Cash Flow -$76,000 $5,100 -$1,000 $498,000-$329,000 The required rate of return is 12.1 percent. Question 30 5 pts Use the cash flow and IRR features of your financial calculator to find an internal rate of return (IRR) for these cash flows. Show all calculator inputs including cash flows and IRR function inputs. Express your answer in percentage form and round your answer to 2 decimal places.
☐ Use the following information to answer the next two questions. Consider the after-tax cash flows below: Year 0 1 2 3 4 Cash Flow -$76,000 $5,100 -$1,000 $498,000-$329,000 The required rate of return is 12.1 percent. Question 30 5 pts Use the cash flow and IRR features of your financial calculator to find an internal rate of return (IRR) for these cash flows. Show all calculator inputs including cash flows and IRR function inputs. Express your answer in percentage form and round your answer to 2 decimal places.
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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