Calculate to at least four decimal places, answers should be stated as percentages to two places for example, 0.0956 = 9.56.Do not label the answer (%, $) Given the following cash flows, the internal rate of return is: -192,000 after 0 years 29,000 after 1 year 33,000 after 2 years 41,000 after 3 years 55,000 after 4 years 63,000 after 5 years 59,000 after 6 years

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.12: Uneven, Or Irregular, Cash Flows
Problem 3ST
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Calculate to at least four decimal places, answers should be stated as percentages to two places for example, 0.0956 = 9.56.Do not label the answer (%, $) Given the following cash flows, the internal rate of return is: -192,000 after 0 years 29,000 after 1 year 33,000 after 2 years 41,000 after 3 years 55,000 after 4 years 63,000 after 5 years 59,000 after 6 years
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