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
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Can somone help me solve this problem using excel?
What is the
![### Problem 8-29: Problems with IRR [Learning Objective 3]
**Mako Corporation has a project with the following cash flows:**
| Year | Cash Flow |
|:----:|:----------:|
| 0 | $36,600 |
| 1 | -$25,400 |
| 2 | $30,600 |
**Question:**
What is the Internal Rate of Return (IRR) of the project?
**Important Note:**
Do not round intermediate calculations. Enter your answer as a percent rounded to the nearest whole number (e.g., 32). If there is no real IRR, enter '0'.
**Answer:**
[Input field for the internal rate of return with a percentage sign.]
Internal rate of return [ % ]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F483c3d17-1621-47af-bfd2-86acecf64938%2F6a11f4ca-f486-4eaa-a02e-50d89592d8b5%2Fch4n2t_processed.png&w=3840&q=75)
Transcribed Image Text:### Problem 8-29: Problems with IRR [Learning Objective 3]
**Mako Corporation has a project with the following cash flows:**
| Year | Cash Flow |
|:----:|:----------:|
| 0 | $36,600 |
| 1 | -$25,400 |
| 2 | $30,600 |
**Question:**
What is the Internal Rate of Return (IRR) of the project?
**Important Note:**
Do not round intermediate calculations. Enter your answer as a percent rounded to the nearest whole number (e.g., 32). If there is no real IRR, enter '0'.
**Answer:**
[Input field for the internal rate of return with a percentage sign.]
Internal rate of return [ % ]
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