You are thinking of making an investment in a textile mill. The CFs of the investment are below 5. 2 yг 1 уг 3 уг 1,000 4 yг 1,200 Today -2,400 600 800 a. If your discount rate is 18%, is it a good...

I am struggling with this problem as well. I'm using the Pearson Corporate Finance book 4th edition stand alone by Berk.

Extracted text: You are thinking of making an investment in a textile mill. The CFs of the investment are below 5. 2 yг 1 уг 3 уг 1,000 4 yг 1,200 Today -2,400 600 800 a. If your discount rate is 18%, is it a good investment? b. Calculate the NPV for the CFs with each of these interest rates: 5%, 10%, 15%, 20%. Estimate the IRR based on this information, and explain your estimate.