Calculate the internal rate of return for the two following projects:
Year | Project A | Project B |
---|---|---|
0 | $-4920 | $-3115 |
1 | 1780 | 1145 |
2 | 2915 | 1405 |
3 | 2125 | 1755 |
What is the IRR of project A? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations)
What is the IRR of project B? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations)
Get Answers For Free
Most questions answered within 1 hours.