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
