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QUESTION 9 4(a) and 4(b) refer to the following. 4(a) What is XIRR of cash flow A? Cash flow A Cash Flow B Date 1-Jan- -23000 02 1-Jul- 02 1-Jul- 03 20,000 13,000 3,000 23500 4000 1-Jul- 04 1-Jul- 05 1-Jul- 06 3.000 3500 3,000 4000 3.000 4000
QUESTION 10 which cash flow has a higher XIRR? Please answer only A or B.
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Answer #1

Answer 4(a):

XIRR of Cash flow A = 15.48%

Cash Flow A 20,000 13,000 01-Jan-02 01-Jul-02 01-Jul-03 01-Jul-04 01-Jul-05 01-Jul-06 3,000 15.48%)

Answer 4(b):

B

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