Thread replies: 3
Thread images: 1
Anonymous
2016-01-26 21:20:27 Post No. 1061997
[Report]
Image search:
[Google]
Anonymous
2016-01-26 21:20:27
Post No. 1061997
[Report]
I posted this on /adv/ but I'm hoping you guys will have the answer
I have an accounting exam tomorrow and I cannot wrap my head around IRR. The internet tells me one thing, my fucking stupid lecturer tells me another
Now I do not have the slightest clue as to how to work this out, some help would be great:
In a calculation of the internal rate of return (IRR) of a project it is found that the net present value is +£140m at 20% discount rate and -£84m at 22% discount rate. What is the IRR?
a) 20.38%
b) 20.63%
c) 20.75%
d) 21.25%
what is the formula to solve this?? clueless right here
Also, is there anyway to quickly get to the IRR? I really don't think calculating the NPV for different discount rates through trial and error is the most efficient way. We're only allowed a standard casio scientific calculator too, so no financial calculator