Cash Flow $33,000 14,400 17,300 11,800 is the IRR of the cash flows? (Do not round intermediate calcL answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.1MBA
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3. Find the internal rate of return
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Consider the following cash flows:
Year
Cash Flow
$33.000
14,400
17,300
11,800
3
What is the IRR of the cash flows? (Do not round intermediate calculations and enter
your answer as a percent rounded to 2 decimal places, e.g.., 32.16.)
Internal rate of return
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Transcribed Image Text:Saved Consider the following cash flows: Year Cash Flow $33.000 14,400 17,300 11,800 3 What is the IRR of the cash flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.., 32.16.) Internal rate of return < Prev 3 of 6 ere to search
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