This intro problem practices IRR. IRR finds the rate per period that makes a cash-flow series have a net present value of zero. Update the output cells to calculate each project's annual internal rate of return. Today is the initial investment paid now, shown as a negative amount. Year 1 through Year 3 are receipts at the end of each year; zero means no receipt that year. Keep negative results for projects that lose money.
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Your solution should use cell references so it updates automatically if the input cells change values.
Need help with IRR details and syntax? Review the IRR function guide first.
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