The internal rate of return IRR. Of this investment opportunity is ? (Refer to t

Question

The internal rate of return IRR. Of this investment opportunity is ? (Refer to the picture e) Homework: Spreadsheet Project P10-17 (similar to) Exercise S Score of Assignment Score: 6413% rsa 33 of 100 prs0 Leag-term investment decision IRR method Personal Finance Problem Billy and Mandy Janes have S25,000 to invest. On average, they do not make any investment that will not rot m at least 7.7% per year. They have been approached with an investment opportunity requires S25,000 upfont and has a payout of$5 800 at the end ofcach ofthe m! 5 years. Using the imm @fmmRO method and heir requirements, determine whether Billy and Mandy should undertake the invesment. The internal rate of retum CIRR) of this investment opportunity is [ %. (Round to one decimal place.)

Explanation / Answer

use IRR formuale in excel

=irr(-25000,5800,5800,5800,5800,5800,)=5.16%

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