Find the IRR of an investment having initial cash outflow of $213,000. The cash flows, and corresponding dates are given below. ($213,000) 1/1/2013 $65,200 $96,000 $73,000 $55,400 A. 8.45% B. 12.32% OC. 15.67% D. None of the above 5/7/2014 4/3/2015 6/8/2016 2/9/2017

Fundamentals of Financial Management (MindTap Course List)
15th Edition
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter17: Financial Planning And Forecasting
Section: Chapter Questions
Problem 2P: AFN EQUATION Refer to problem 17-1. What additional funds would be needed if the company's year-end...
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QUESTION 26
Find the IRR of an investment having initial cash outflow of $213,000. The cash flows, and corresponding dates are given below.
($213,000)
1/1/2013
$65,200
$96,000
$73,000
$55,400
A.
B.
8.45%
12.32%
C. 15.67%
D. None of the above
5/7/2014
4/3/2015
6/8/2016
2/9/2017
Transcribed Image Text:QUESTION 26 Find the IRR of an investment having initial cash outflow of $213,000. The cash flows, and corresponding dates are given below. ($213,000) 1/1/2013 $65,200 $96,000 $73,000 $55,400 A. B. 8.45% 12.32% C. 15.67% D. None of the above 5/7/2014 4/3/2015 6/8/2016 2/9/2017
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