Consider the following cash flows: Year Cash Flow 0 –$ 34,000 1 13,600 2 18,100 3 11,000 What is the IRR of the cash flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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Consider the following cash flows:
 
Year Cash Flow
0   –$ 34,000   
1     13,600   
2     18,100   
3     11,000   
 
 

What is the IRR of the cash flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

 
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