NO.PZ2016021705000004
问题如下:
An investment of $150,000 is expected to generate an after-tax cash flow of $100,000 in one year and another $120,000 in two years. The cost of capital is 10 percent. What is the internal rate of return ?
选项:
A.28.39 percent.
B.28.59 percent.
C.28.79 percent.
解释:
C is correct.
The IRR can be found using a financial calculator or with trial and error. Using trial and error, the total PV is equal to zero if the discount rate is 28.79 percent.
A more precise IRR of 28.7854 percent has a total PV closer to zero.
老师,说的in two years,为什么不是0为-150000,1为100000,2为100000,3为120000(这不才是2年后么)?另外,请老师教一下解答中的图怎么看呢?为什么不用列公式-150000+100000/(1+r)+......+120000/(1+r)的3次方=0来解答呢?