Calculate C. Internal rate of return (IRR) for Project 2:
Year 0 - $380
Year 1 - $190
Year 2 - $110
Year 3 - $180
Year 4 - $360
What is the IRR of project 2?
I keep getting 35%, but it keeps saying it is the wrong answer. Please help.
Solution:
The IRR of the project 2 = 35.39 %
Please find the attached screenshot of the excel sheet containing the detailed calculation for the solution.
Get Answers For Free
Most questions answered within 1 hours.