Finding an IRR solution involves trial and error: You keep plugging in different discount rates and see which one drives NPV to zero.

Name: Finding an IRR solution involves trial and error: You keep plugging in different discount rates and see which one drives NPV to zero.
Brand: Quizplus
Rating: 5.0 (45 reviews)

Question

Quizplus · Accepted Answer

Finding the IRR involves solving for the discount rate that makes the NPV equal to zero, which can be done through trial and error or by using a calculator or spreadsheet function.

Finding an IRR Solution Involves Trial and Error: You Keep