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Author Question: An investment requires an initial cash outlay of 110,000 and additional outlays of 65,000 at the end ... (Read 104 times)

EY67

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An investment requires an initial cash outlay of 110,000 and additional outlays of 65,000 at the end of each of the first three years.
 
  This investment is expected to result in incomes of 55,000 at the end of the first year, 80,000 at the end of the second year, 95,000 at the end of the third year, and 135,000 at the end of the fourth year. Calculate the IRR using the IRR function.A) 12.05
  B) 15.41
  C) 8.38
  D) 19.73

Question 2

The following data reflect the number of customers who test drove new cars each day for a sample of 20 days at the Redfield Ford Dealership.
 
  5 7 2 9 4
  9 7 10 4 7
  5 6 4 0 7
  6 3 4 14 6
 
  Given these data, what is the range?
  A) 14
  B) 1
  C) Approximately 3.08
  D) 5.95


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ansleighelindsey

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EY67

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


jamesnevil303

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Reply 3 on: Yesterday
Excellent

 

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