Find the Internal Rate of Return (IRR) using the TI 84. Your firm is considering an investment that will cost $100 today. The investment will produce cash flows of $10 in year 1, $60 in year 2 and, $80 in year 3. The discount rate that your firm uses for projects of this type is 10 %. What is the (IRR)?
TI-84 calculator
Answer: 18.13%
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