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
Problem 1PS
Related questions
Question
Am. 358.
Transcribed Image Text:Filter Corp. has a project available with the following cash flows:
The required return is 21%
Year
Cash Flows
1
$ (14,300.00) $ 7,200.00 $
What is IRR for Filter Project?
IRR =
IRR=
IRR=
3
4
8,500.00 $2,900.00 $2,500.00
Period
Cash Flows
PVIF
PV
Cost
NPV
IRR
2
IRR =
Use Goal Seek to find the IRR that equates the NPV to Zero.
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