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1. Your friend asks you to invest $10,000 in a business venture. Based on your estimates,...

1. Your friend asks you to invest $10,000 in a business venture. Based on your estimates, you would receive nothing for four years, at the end of year 5 you would receive interest on the investment compounded annually at 8%, and at the end of year 6 you would receive $14,500. If your estimates are correct, what would be the IRR on this investment?

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B10 fx EIRR(B3:39) А в 2 year Cash flows ol $ (10,000.00) 10000*(1.0845-1) $ 4,693.28 14,500.00 12.02% IRR 12

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