Peer reviewed
Direct linkERIC Number: EJ967671
Record Type: Journal
Publication Date: 2008
Pages: 12
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1548-9566
EISSN: N/A
Finding Multiple Internal Rates of Return for a Project with Non-Conventional Cash Flows: Utilizing Popular Financial/Graphing Calculators and Spreadsheet Software
Chen, Jeng-Hong
College Teaching Methods & Styles Journal, v4 n9 p31-42 2008
This study demonstrates that a popular graphing calculator among students, TI-83 Plus, has a powerful function to draw the NPV profile and find the accurate multiple IRRs for a project with non-conventional cash flows. However, finance textbooks or related supplementary materials do not provide students instructions for this part. The detailed steps to find multiple IRRs utilizing TI-83 Plus are displayed in this paper. In addition, the complete and detailed procedures to find multiple IRRs utilizing different financial calculators and Excel spreadsheet are discussed. (Contains 9 endnotes and 21 figures.)
Descriptors: Money Management, Budgeting, College Instruction, Undergraduate Students, Graphing Calculators, Cost Effectiveness, Spreadsheets, Computer Software, Textbooks, Computation
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
