Consider the following cash flows: Year Cash Flow 532,000 14,200 17,500 11,600 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.) 123

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
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Chapter4: Time Value Of Money
Section4.12: Uneven, Or Irregular, Cash Flows
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Consider the following cash flows:
Year
Cash Flow
$32,000
14,200
17,500
11,600
1
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
Transcribed Image Text:Consider the following cash flows: Year Cash Flow $32,000 14,200 17,500 11,600 1 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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