Alfred, a trader at the New York Stock Exchange (NYSE), executes the decisions made by investors and takes action based on reque
1 answer:
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Answer: 1.89%
Explanation:
You can use Excel to find the IRR here:
Investment amount should be first as shown and should be in negative.
The cash flows will then follow each other by year.
Use the =IRR formula to select all the cells and the IRR will show.'
IRR here = 1.89%
