Compute the IRR statistic for Project F. The appropriate cost of capital is 12 percent. ( round your final answer to 2 decimal places.) Project F Time: Cash flow: IRR 1 -$11,000 $3,350 % 3 2 $4,180 $1,520 $2,000

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter11: The Cost Of Capital
Section: Chapter Questions
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Please provide the mathematical breakdown when computing the IRR.

Compute the IRR statistic for Project F. The appropriate cost of capital is 12 percent. (Do not round intermediate calculations and
round your final answer to 2 decimal places.)
Project F
Time:
Cash flow:
IRR
0
-$11,000
1
$3,350
%
3
2
$4,180 $1,520
4
$2,000
Transcribed Image Text:Compute the IRR statistic for Project F. The appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project F Time: Cash flow: IRR 0 -$11,000 1 $3,350 % 3 2 $4,180 $1,520 4 $2,000
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