Self-tightening wedge grips are designed for tensile testing applications up to 1200 pounds. The cash flows associated with the product are available below. Determine the following from these values: net cash flow series, cumulative cash flow series, and i* displayed by the IRR spreadsheet function, if an option for “guess” is not entered.
 FIGURE 1.png)
Entering net cash flows into cells B2:B5 results in = IRR(B2:B5), which displays i* = 166.0%
 ANSWER.png)
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