Question: please use excel need help with functions and setting up...
Please use excel, need help with functions and setting up cash flows in Excel because I am only used to using a financial calculator, thanks!
You are offered an asset costing $900 that has cash flows of $200 at the end of each of the next 10 years. If the appropriate discount rate for the asset is 12%, should you purchase it based on its NPV? What is the IRR of the asset?