Natalie Is Working on Calculating the IRR of a Project

question 19

Multiple Choice

Natalie is working on calculating the IRR of a project. Please refer to the figure above as you answer the questions below.
-Applying the IRR function to the worksheet in cell B39, Natalie writes the formula ____.

• A) =IRR(B24:G24)
• B) =IRR(B27:G27)
• C) =IRR(C30:C38)
• D) =IRR(C39)

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Definitions:

Midpoint Method

A technique used in economics to calculate the elasticity of demand or supply, offering an average percentage change between two points to minimize bias.

Elastic

A term describing the responsiveness of the quantity demanded or supplied of a product when its price changes.

Elasticity

The degree to which the quantity demanded or supplied of a good or service changes in response to a change in price.

Midpoint Method

A technique used in economics to calculate the percentage change in a variable by dividing the change by the average value of the initial and final values.