Problem
The net cash flows from an investment are -X dollars in the first year, positive Y dollars in year T, and zero in all other years. Write a formula for the NPV. Set the NPV equal to zero, and solve for the IRR in terms of X and Y.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.