Question

Calculate C. Internal rate of return (IRR) for Project 2: Year 0 - $380 Year 1...

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.

Homework Answers

Answer #1

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.

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