Calculating Internal Rate of Return

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Calculating Internal Rate of Return
A project has an initial outlay of $4000. It has a single payoff at the end of year 4 of $6996.46.
What is the internal rate of return for the project?

IRR Calculation Example
I believe it's 15%.

Calculating Internal Rate of Return
Tyrone Skogstrom, Member
Yes, it is 15% exact.



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