In: Finance
Need someone to solve these for IRR in Excel
A
IRR = RATE(nper = 10, pmt = 1525000, pv = -860000, fv = 0, 0)
B
IRR = RATE(nper = 10, pmt = 1100000, pv = 800000, fv = 980000, 0)
Year | Project A | Project B |
0 | -860000 | -800000 |
1 | 1525000 | 1100000 |
2 | 1525000 | 1100000 |
3 | 1525000 | 1100000 |
4 | 1525000 | 1100000 |
5 | 1525000 | 1100000 |
6 | 1525000 | 1100000 |
7 | 1525000 | 1100000 |
8 | 1525000 | 1100000 |
9 | 1525000 | 1100000 |
10 | 1525000 | 2080000 |
IRR | 177.32% | 137.51% |
WORKINGS