# Investment: The Internal Rate of Return

Please use Excel showing a cash flow time line to provide the internal rate of return on an investment with the following cash flows:

Year Cash Flow

0 -$123,400

1 $36,200

2 $54,800

3 $48,100

https://brainmass.com/business/capital-budgeting/investment-internal-rate-return-165803

#### Solution Preview

We use the Excel command "=IRR()" to compute the IRR. It is not possible to compute manually.

We then ...

#### Solution Summary

This solution finds the internal rate of return on an investment based on specific cash flows.

$2.19