What is the IRR of the following set of cash flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Year Cash Flow 0 –$ 15,500 1 6,200 2 7,500 3 6,000

Respuesta :

Answer:

The internal rate of return is 13.07%

Explanation:

The computation of the internal rate of return is shown below:

Year          Cash Flow

0                 -$15,500

1                   $6,200

2                  $7,500

3                   $6,000

Now use the IRR formula in excel

= IRR()

After applying it, the internal rate of return is 13.07%

And, the same is to be considered