Author Question: Taylor bought a stock for $68 a share three years ago. The stock does not pay any dividends. Today ... (Read 176 times)

moore.cailinf · **on:** Mar 29, 2022

Question 1

Table 1

	A	B
1	Year	Cash Flow
2	0	$(5,000)
3	1	$4,000
4	2	$3,000

Given a spreadsheet similar to the one shown in Table 1, the command to compute the internal rate of return would be
◦ =RATE(3,B3,B4,B2).
◦ =IRR(B2:B4).
◦ =IRR(B3:B4)-B2.
◦ =TVM(A2:B4).

Question 2

Taylor bought a stock for $68 a share three years ago. The stock does not pay any dividends. Today she sold the stock for $57 a share. What was her internal rate of return on this investment?
◦ 6.43%
◦ -5.71%
◦ 19.30%
◦ -6.43%

latoyia.cook · **Reply #1 on:** Mar 29, 2022

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