What is the IRR in the following cash flow? YEAR END 1 2 3 4 CASH FLOW -3,345 1,100 1,100 1,100

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 15DQ
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What is the IRR in the following cash flow?
YEAR END
1
2
4
CASH FLOW
-3,345
1,100
1,100
1,100
3.
Transcribed Image Text:What is the IRR in the following cash flow? YEAR END 1 2 4 CASH FLOW -3,345 1,100 1,100 1,100 3.
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