Question

Question text What is the IRR of an investment that costs $76,950 and pays $27,500 a...

Question text

What is the IRR of an investment that costs $76,950 and pays $27,500 a year for four years?

Select one:

a. 22%

b. 20%

c. 16%

d. 24%

e. 18%

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Answer #1

с 1 2 3 4 5 6 7 A B Year Cash flows 0 $ (76,950)| 1 $ 27,500 2 $ 27,500 3 $ 27,500 4 $ 27,500 8 IRR 16% =IRR(B2:B6)

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