Internal rate of return : It refers to the discount rate at which the net present value of an investment becomes zero. The higher the IRR better will be the investment. To prepare: Excel sheet for IRR calculation for exercises 26-17.

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Chapter 26, Problem 20E

To determine

Concept Introduction:

Internal rate of return: It refers to the discount rate at which the net present value of an investment becomes zero. The higher the IRR better will be the investment.

To prepare: Excel sheet for IRR calculation for exercises 26-17.

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