[donald]

Therefore: IRR=10+(2272/2272+1528) (15% – 10%)
Then : 10% + 2.989
Gives ,IRR of 13%

[donald]

I thank u supose to Use the redeemption value of 100 and discount it at 0.467 at 10% and at 15% (0.233). Your final IRR will give sum thing like 12.9% which when u round of it will give you 13%.
Just a try,frm Mac D

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